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15(1)Paragraph 18 of Schedule 29 (charity lump sum death benefit) is amended as follows.
(2)After sub-paragraph (2) insert—
“(2A)A lump sum death benefit is also a charity lump sum death benefit if—
(a)it is paid on the death of an individual who is—
(i)a nominee of the member, or
(ii)a successor of the member,
(b)there are no dependants of the member,
(c)it is paid in respect of the individual’s nominee’s flexi-access drawdown fund or successor’s flexi-access drawdown fund at the date of the individual’s death in respect of an arrangement relating to the individual in the capacity of a nominee or successor of the member, and
(d)it is paid to a charity nominated by the member or, if the member made no nomination, by the individual.”
(3)In sub-paragraph (3) (cases where lump sum exceeds the permitted maximum) for “or (2)” substitute “, (2) or (2A)”.
(4)In sub-paragraph (4) (meaning of “permitted maximum”) after “arrangement” insert “, or the nominee’s or successor’s flexi-access drawdown fund in respect of the arrangement,”.
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