Finance Act 2021 (c. 26)

SCHEDULES

SCHEDULE 5 U.K. Pension schemes: collective money purchase benefits

PART 1 U.K. Amendments of Part 4 of FA 2004

3 (1) In section 165 (pension rules), subsection (1) is amended as follows. U.K.

(2) In pension rule 3, after “defined benefits arrangement” insert “ or a collective money purchase arrangement ”.

(3) In pension rule 4, after “money purchase arrangement” insert “ that is not a collective money purchase arrangement ”.

Commencement Information

I1 Sch. 5 para. 3 in force at 1.8.2022 for the purposes of the amendments made by that paragraph by S.I. 2022/874, reg. 2