9(1)Section 576A of ITEPA 2003, as it applies where the year of departure is the tax year 2013-14 or a later tax year, is amended as follows.U.K.
(2)In subsection (6)(b) (pension income: temporary non-residents: non-application where payment not referable to relevant transfer fund)—
(a)for “not referable” substitute “ referable neither ”, and
(b)after “relevant transfer fund” insert “ , nor to the member's ring-fenced transfer funds, ”.
(3)In subsection (10) (interpretation), at the end insert—
““member's ring-fenced transfer fund” (see paragraph 1(6C) and (6D)).”
(4)The amendments made by this paragraph apply in relation to relevant withdrawals on or after 6 April 2017.
10(1)Section 576A of ITEPA 2003, as it applies where the year of departure is the tax year 2012-13 or an earlier tax year, is amended as follows.U.K.
(2)In subsection (6) (pension income: temporary non-residents: non-application unless payment referable to relevant transfer fund), after “member's relevant transfer fund” insert “ , or the member's ring-fenced transfer funds, ”.
(3)In subsection (8) (interpretation), before the definition of “scheme pension” insert—
““member's ring-fenced transfer funds” has the same meaning as in that Schedule (see paragraph 1(6C) and (6D));”.
(4)The amendments made by this paragraph apply in relation to relevant withdrawals on or after 6 April 2017.