SCHEDULES

SCHEDULE 5 Pension schemes: collective money purchase benefits

PART 1 Amendments of Part 4 of FA 2004

10 (1) Section 216 (benefit crystallisation events and amounts crystallised) is amended as follows.

(2) In subsection (1), in the table, in column 1—

(a) in benefit crystallisation event 5, after “defined benefit arrangement” insert “, or a collective money purchase arrangement,”;

(b) in benefit crystallisation event 5B, after “money purchase arrangement” insert “, other than a collective money purchase arrangement,”.