SCHEDULES

C2C1SCHEDULE 32Registered pension schemes: benefit crystallisation events—supplementary

Annotations:
Modifications etc. (not altering text)

F1Benefit crystallisation event 6: prevention of overlap with other events

Annotations:
Amendments (Textual)
F1

Sch. 32 para. 15A and cross-heading inserted (with effect in accordance with Sch. 16 paras. 85, 104(1) of the amending Act) by Finance Act 2011 (c. 11), Sch. 16 para. 44(3)

15A

Benefit crystallisation event 6 does not apply in relation to a pension commencement lump sum paid in respect of a money purchase arrangement if—

a

the individual becomes entitled to it before reaching the age of 75, but

b

it is not paid to the individual until after the individual has reached that age.