SCHEDULES

SCHEDULE 23 U.K. Pension schemes etc: miscellaneous

Unauthorised payments: former members and sponsoring employers etc U.K.

5 U.K. In section 162(3) and (4) (meaning of “loan”)—

(a) before “member”, in the first, second and last places, insert “ person who is or has been a ”, and

(b) for “a member or sponsoring employer of the pension scheme” substitute “ such a person ”.