651Overseas Pensions Act 1973
This section has no associated Explanatory Notes
(1)No liability to income tax arises on a pension which is paid under section 1 of OPA 1973 if the foreign residence condition is met.
(2)Subsection (1) applies whether or not the pension is paid out of a fund established under a scheme made under section 1 of OPA 1973.
(3)But subsection (1) does not apply to any part of a pension paid because the Pensions (Increase) Acts apply to it.
(4)In this section “the Pensions (Increase) Acts” means—
(a)the Pensions (Increase) Act 1971 (c. 56), and
(b)any Act passed after that Act for purposes which correspond to the purposes of that Act.