SCHEDULES

SCHEDULE 31Taxation of benefits under registered pension schemes

I18

1

Section 610 (annuities under sponsored superannuation schemes) is amended as follows.

2

In subsection (1)—

a

in paragraph (a), for “a sponsored superannuation scheme” substitute “ an occupational pension scheme that is not a registered pension scheme ”, and

b

in paragraph (b), for “a sponsored superannuation scheme” substitute “ such an occupational pension scheme ”.

3

In subsection (3), for “any provision of Chapter 6, 7, 8 or 9” substitute “ Chapter 5A ”.

4

For subsection (4) substitute—

4

In this section “occupational pension scheme” has the same meaning as in Part 4 of FA 2004 (see section 150(5) of that Act).

5

In the heading, for “sponsored superannuation” substitute “ non-registered occupational pension ”.