Finance Act 2015 (c. 11)

SCHEDULES

SCHEDULE 4 U.K. Pension flexibility: annuities etc

PART 2 U.K. Income tax on beneficiaries' annuities etc

Minor and consequential amendments U.K.

22 U.K. In section 579A of ITEPA 2003 (section applies to pensions under registered pension schemes, with exceptions) after subsection (2) insert—

“(3) Chapter 17 of this Part provides exemptions for certain annuities (see sections 646B and 646C: certain beneficiaries' annuities purchased out of unused or drawdown funds).”