Part 9Pension income

Chapter 10Other employment-related annuities

610Annuities under sponsored superannuation schemes

1

This section applies to—

a

any annuity paid under a sponsored superannuation scheme, and

b

any annuity acquired using funds held for the purposes of a sponsored superannuation scheme.

2

But this section applies to an annuity which arises from a source outside the United Kingdom only if it is paid to a person resident in the United Kingdom.

3

This section does not apply to an annuity to which any provision of Chapter 6, 7, 8 or 9 of this Part applies.

4

In this section “sponsored superannuation scheme” has the meaning given by section 624(1) of ICTA.