Part 13Tax avoidance

F1Chapter 5ATransfers of income streams

809AZDException: certain annuities

This Chapter does not apply to a transfer of a right to—

(a)

annual payments under a life annuity as defined in section 473(2) of ITTOIA 2005, or

(b)

annual payments under an annuity which is pension income within the meaning of Part 9 of ITEPA 2003 (see section 566(2) of that Act).