Income and Corporation Taxes Act 1988 (c. 1)
28(1)Section 660A (income arising under a settlement where settlor retains an interest) is amended as follows.
(2)In subsection (9), for paragraph (c) and the word “or” before it substitute “or
(c)a benefit under a relevant pension scheme.”
(3)For subsections (11) and (12) substitute—
“(11)In this section “relevant pension scheme” means—
(a)a registered pension scheme;
(b)a pension scheme established by a government outside the United Kingdom for the benefit, or primarily for the benefit, of its employees (or an annuity acquired using funds held for the purposes of such a pension scheme); or
(c)a pension scheme of any description which may be prescribed by regulations made by the Secretary of State.”