Part 9Pension income

Chapter 18Exemptions: Non-UK resident taxpayers

653Overseas Service Pensions Fund

1

No liability to income tax arises on a pension which is paid out of the Overseas Service Pensions Fund if the foreign residence condition is met.

2

In this section “the Overseas Service Pensions Fund” means the fund with that name established under section 7(1) of the Overseas Aid Act 1966 (c. 21).

3

In this section “pension” includes not only the things mentioned in section 647(4) but also any sum payable in respect of ill-health.