Version Superseded: 18/11/2015
Point in time view as at 19/07/2011.
Finance Act 2011, Paragraph 33 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
33(1)Paragraph 13 (defined benefits lump sum death benefit) is amended as follows.U.K.
(2)The existing text becomes sub-paragraph (1).
(3)In that sub-paragraph—
(a)omit paragraph (a);
(b)omit paragraph (c) (but not the “and” after it);
(c)at the end insert—
“But, in a case where the member had not reached the age of 75 at the date of the member's death, a lump sum death benefit is a defined benefits lump sum death benefit only if it is paid before the end of the relevant two-year period.”
(4)After that sub-paragraph insert—
“(2)The relevant two-year period” means the period of two years beginning with the earlier of the day on which the scheme administrator first knew of the member's death and the day on which the scheme administrator could first reasonably be expected to have known of it.”
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
