Finance Act 2004

13 U.K. For the purposes of this Part a lump sum death benefit is a defined benefits lump sum death benefit if—

(a) the member had not reached the age of 75 at the date of the member’s death,

(b) it is paid in respect of a defined benefits arrangement,

(c) it is paid before the end of the period of two years beginning with the [F1 earlier of the day on which the scheme administrator first knew of the member’s death and the day on which the scheme administrator could first reasonably be expected to have known of it,] and

(d) it is not a pension protection lump sum death benefit, trivial commutation lump sum death benefit or winding-up lump sum death benefit.

Textual Amendments

F1 Words in Sch. 29 para. 13(c) substituted (19.7.2007) (with effect in accordance with Sch. 20 para. 24(7) of the amending Act) by Finance Act 2007 (c. 11), Sch. 20 para. 13(2)