Finance Act 2006 (c. 25)

SCHEDULES

SCHEDULE 23 U.K. Pension schemes etc: miscellaneous

Transitional protection: taking account of death benefits U.K.

40 (1) Paragraph 15 (enhanced protection: “the relevant crystallised amount”) is amended as follows. U.K.

(2) In sub-paragraph (3), for “paragraph 16” substitute “ paragraphs 15A and 16 ”.

(3) In sub-paragraph (4), for “is the greater” substitute “ is (subject to paragraph 15A) the greater ”.

(4) In sub-paragraph (5), after “(4)(a)” insert “ and paragraph 15A(2)(a) ”.

(5) In sub-paragraph (6), after “(4)(b)” insert “ and paragraph 15A(2)(b) ”.