Finance Act 2004 (c. 12)

SCHEDULES

SCHEDULE 32 U.K. Registered pension schemes: benefit crystallisation events—supplementary

Valid from 06/04/2006

Benefit crystallisation event 6: meaning of “relevant lump sum” U.K.

15 U.K. For the purposes of benefit crystallisation event 6 a lump sum is a relevant lump sum if it is—

(a) a pension commencement lump sum,

(b) a serious ill-health lump sum, or

(c) a lifetime allowance excess lump sum.