SCHEDULES
SCHEDULE 35Pension schemes etc: minor and consequential amendments
Income Tax (Earnings and Pensions) Act 2003 (c. 1)
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In section 563 (former employees: deductions for liabilities), in the definition of “relevant retirement benefit”, for paragraphs (a) and (b) substitute—
a
which is received by the former employee under an employer-financed retirement benefits scheme, and
b
which, under Chapter 2 of Part 6, counts as employment income of the former employee.