Part 9Pension income
Chapter 7Former approved superannuation funds
Interpretation
594Meaning of “former approved superannuation fund”
1
In this Chapter “former approved superannuation fund” means any fund which immediately before 6th April 1980 was an approved superannuation fund for the purposes of section 208 of ICTA 1970.
2
But a fund is not a former approved superannuation fund if any of the following things has happened since 5th April 1980—
a
the fund has been approved by the Board of Inland Revenue for the purposes of Chapter 2 of Part 2 of FA 1970,
b
the fund has been approved by the Board for the purposes of Chapter 1 of Part 14 of ICTA, or
c
any sum has been paid to the fund by way of contribution.