SCHEDULES

SCHEDULE 6Transitional provision relating to new standard lifetime allowance for the tax year 2014-15 etc

PART 3Other provision

Amendment of section 219(5A) of FA 2004

10

(1)

In section 219 of FA 2004 (availability of individual's lifetime allowance) in subsection (5A) after “effect” insert “ where the previous benefit crystallisation event occurred before 6 April 2014 ”.

(2)

The amendment made by this paragraph is treated as having come into force on 6 April 2014.