Computation of a member’s UK tax-relieved fund under a relevant non-UK schemeU.K.
This section has no associated Explanatory Memorandum
2. The amount of a member’s UK tax-relieved fund under a relevant non-UK scheme is the aggregate of—
(a)the amounts which, for each tax year before that in which the computation falls to be made, would have been arrived at in relation to arrangements under the relevant non-UK scheme relating to the individual as pension input amounts under sections 230 to 238 of the Act (annual allowance) as they apply by virtue of paragraph 8 of Schedule 34 to the Act, and
(b)the amount which would be so arrived at if the period beginning with 6th April of the tax year in which the computation falls to be made; and ending immediately before the making of the computation, were a tax year,
assuming that section 229(3) did not apply.