Part 4Pension schemes etc
Chapter 6Schemes that are not registered pension schemes
F1Non-UK schemes: the overseas transfer charge
F2244AAOverseas transfer charge: introduction
A charge to income tax, to be known as the overseas transfer charge, arises under the following sections—
(a)
section 244AC (overseas transfer charge: transfers where no exclusion applies);
(b)
section 244IA (overseas transfer charge: transfers exceeding available allowance).