Part 13U.K.Tax avoidance

[F1Chapter 5AU.K.Transfers of income streams

Textual Amendments

F1Pt. 13 Ch. 5A inserted (with effect in accordance with Sch. 25 para. 10 of the amending Act) by Finance Act 2009 (c. 10), Sch. 25 para. 7

809AZDException: certain annuitiesU.K.

This Chapter does not apply to a transfer of a right to—

(a)annual payments under a life annuity as defined in section 473(2) of ITTOIA 2005, or

(b)annual payments under an annuity which is pension income within the meaning of Part 9 of ITEPA 2003 (see section 566(2) of that Act).]