SCHEDULES

C7SCHEDULE 28Registered pension schemes: authorised pensions—supplementary

Annotations:
Modifications etc. (not altering text)
C7

Sch. 28 modified by The Pensions Schemes (Application of UK Provisions to Relevant Non-UK Schemes) Regulations 2006 (S.I. 2006/207), regs. 1(1), 14 (as substituted (with effect in accordance with reg. 1(2) of the amending S.I.) by S.I. 2012/1795, regs. 1(1), 5)

Part 1Pension rules

F5Drawdown pension year and basis amount for drawdown pension year

Annotations:
Amendments (Textual)
F5

Sch. 28 para. 9 cross-heading substituted (with effect in accordance with Sch. 16 para. 85 of the amending Act) by Finance Act 2011 (c. 11), Sch. 16 para. 7(4)

9

C11

F1“Drawdown pension year” means—

C4C3C6C5a

the period of 12 months beginning with the day on which the member first becomes entitled to F2drawdown pension in respect of the arrangement, and

b

each succeeding period of 12 months.

F3This is subject to paragraph 10B.

C2F42

The drawdown pension year in which the member dies is the last drawdown pension year and ends immediately before the member's death.