SCHEDULES

SCHEDULE 16Benefits under pension schemes

Part 1Changes to benefits available under pension schemes etc

Member's drawdown pension fund

6

1

In Part 1 of Schedule 28 to FA 2004, paragraph 8 (member's unsecured pension fund) is amended as follows.

2

In sub-paragraph (1), for “member's unsecured pension fund” substitute “ member's drawdown pension fund ”.

3

In sub-paragraph (1A)(a), for “unsecured pension” substitute “ drawdown pension ”.

4

Omit sub-paragraphs (2) and (3).

5

In sub-paragraph (4), for “unsecured pension fund” (in each place) substitute “ drawdown pension fund ”.

6

The heading before paragraph 8 becomes “ Member's drawdown pension fund ”.