Schedules

Schedule 9Pensions

Part 4Transitional protections

69Amendments of Part 2 of Schedule 36 to FA 2004

1

Paragraph 11 (primary protection: pension debit on or after 6th April 2006) is amended as follows.

2

In sub-paragraph (1)(a), for “makes provision for the operation of a lifetime allowance enhancement factor” substitute “applies”.

3

In sub-paragraphs (2) and (3), for “paragraph 7(3)” substitute “paragraph 7(5)”.

4

In sub-paragraph (4), for “benefit crystallisation event” substitute “relevant benefit crystallisation event”.

5

After that sub-paragraph insert—

5

In this paragraph “relevant benefit crystallisation event” has the same meaning as in section 637S of ITEPA 2003 (availability of individual’s lump sum and death benefit allowance).