SCHEDULES

SCHEDULE 23Pension schemes etc: miscellaneous

Unauthorised payments: former members and sponsoring employers etc

3

1

Section 160 (payments by registered pension schemes) is amended as follows.

2

In subsection (1), before “member” insert “ person who is or has been a ”.

3

In subsection (2)—

a

in paragraphs (a) and (b), before “member” insert “ person who is or has been a ”, and

b

in paragraph (b), for “section 172, 173 or 174” substitute “ this Part ”.

4

In subsections (3) and (4)(a) and (b), before “sponsoring” insert “ person who is or has been a ”.