Part 2Income tax, corporation tax and capital gains tax

Chapter 1Personal taxation

Social security pension lump sums

9Interpretation and commencement

1

In sections 7 and 8 “social security pension lump sum” means—

a

a state pension lump sum,

b

a shared additional pension lump sum, or

c

a graduated retirement benefit lump sum.

2

In section 8 and this section—

  • “graduated retirement benefit lump sum” means a lump sum payable under—

    1. a

      section 36 or 37 of NIA 1965, or

    2. b

      section 35 or 36 of NIA(NI) 1966;

  • “shared additional pension lump sum” means a lump sum payable under—

    1. a

      section 55C of, and Schedule 5A to, SSCBA 1992, or

    2. b

      section 55C of, and Schedule 5A to, SSCB(NI)A 1992;

  • “state pension lump sum” means a lump sum payable under—

    1. a

      section 55 of, and Schedule 5 to, SSCBA 1992, or

    2. b

      section 55 of, and Schedule 5 to, SSCB(NI)A 1992.

3

In section 8 and this section—

  • “NIA 1965” means the National Insurance Act 1965 (c. 51);

  • “NIA(NI) 1966” means the National Insurance Act (Northern Ireland) 1966 (c. 6 (N.I.));

  • “SSCBA 1992” means the Social Security Contributions and Benefits Act 1992 (c. 4);

  • “SSCB(NI)A 1992” means the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7).

4

Sections 7 and 8 and this section have effect in relation to the year 2006-07 and subsequent years of assessment.