SCHEDULES
SCHEDULE 16Benefits under pension schemes
Part 1Changes to benefits available under pension schemes etc
Drawdown pension year and basis amount for drawdown pension year
17
1
In Part 2 of Schedule 28 to FA 2004, paragraph 23 (unsecured pension year) is amended as follows.
2
In sub-paragraph (1)—
a
for “ “Unsecured pension year”” substitute “
“Drawdown pension year”
”
;
b
in paragraph (a), for “dependants' unsecured pension” substitute “dependants' drawdown pension”;
c
at the end insert—
This is subject to paragraph 24B.
3
For sub-paragraph (2) substitute—
2
The drawdown pension year in which the dependant dies is the last drawdown pension year and ends immediately before the dependant's death.
4
The heading before paragraph 23 becomes “
Drawdown pension year and basis amount for drawdown pension year
”
.