Part 9Pension income
Chapter 4Foreign pensions: general rules
574“Pension”: interpretation
F1(1)
For the purposes of this Chapter “pension” includes—
(a)
an annuity under, or purchased with sums or assets held for the purposes of, or representing acquired rights under, a relevant non-UK scheme or an overseas pension scheme,
F2(aa)
a relevant lump sum (see section 574A),
(b)
F5(ba)
an amount paid under a relevant non-UK scheme or an overseas pension scheme which, if the scheme were a registered pension scheme, would be dependants' income withdrawal or nominees' income withdrawal (within the meaning of paragraphs 21 and 27D of Schedule 28 to FA 2004),
(bb)
an amount paid under a relevant non-UK scheme or an overseas pension scheme which, if the scheme were a registered pension scheme, would be successors' income withdrawal (within the meaning of paragraph 27J of Schedule 28 to FA 2004), and
(c)
if conditions A and B are met, a pension which is paid voluntarily or is capable of being discontinued.
(2)
Condition A is that the pension is paid to—
(a)
a former employee or a former office-holder,
(b)
the widow or widower F6or surviving civil partner of a former employee or a former office-holder, or
(c)
any child, relative or dependant of a former employee or a former office-holder.
(3)
Condition B is that the pension is paid by or on behalf of—
(a)
the person—
(i)
who employed the former employee, or
(ii)
under whom the former office-holder held the office, or
(b)
the successors of that person.
F7(4)
In this section—
“office” includes in particular any position which has an existence independent of the person who holds it and may be filled by successive holders;
“overseas pension scheme” has the same meaning as in Part 4 of FA 2004 (see section 150(7) of that Act);
“relevant non-UK scheme” is to be read in accordance with paragraph 1(5) of Schedule 34 to FA 2004.