SCHEDULES
SCHEDULE 5Pension schemes: collective money purchase benefits
PART 1Amendments of Part 4 of FA 2004
17
1
Section 227G (when pension rights are first flexibly accessed) is amended as follows.
2
In subsection (9)(a), for “money purchase” substitute “
relevant
”
.
3
After subsection (9) insert—
9A
In subsection (9), “relevant arrangement” means a money purchase arrangement that is not a collective money purchase arrangement.