PART 1Income Tax, Corporation Tax and Capital Gains Tax

CHAPTER 4Pensions

51Bridging pensions

(1)

FA 2004 is amended as follows.

F1(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)

In paragraph 1 of Schedule 29 (pension commencement lump sums), in sub-paragraph (4)(a), omit the words from “at a time” to “65”.

(4)

In consequence of subsection (3), paragraph 21 of Schedule 23 to the FA 2006 is repealed.

(5)

The amendments made by this section have effect for the tax year 2013-14 and subsequent tax years.