12(1)In section 634(6) of the Taxes Act 1988 (restriction on assignment or surrender of annuities), for “except that” there shall be substituted “except that—
(a)an annuity may be assigned or surrendered for the purpose of giving effect to a pension sharing order or provision; and
(b)”.
(2)In section 634A(6) of that Act (restriction on assignment or surrender of right to income withdrawals), after “surrender” there shall be inserted “, except for the purpose of giving effect to a pension sharing order or provision”.
(3)In section 635(5) of that Act (restriction on assignment or surrender of right to payment of lump sum), after “surrender” there shall be inserted “, except for the purpose of giving effect to a pension sharing order or provision”.