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17(1)Section 227G (when pension rights are first flexibly accessed) is amended as follows.U.K.
(2)In subsection (9)(a), for “money purchase” substitute “ relevant ”.
(3)After subsection (9) insert—
“(9A)In subsection (9), “relevant arrangement” means a money purchase arrangement that is not a collective money purchase arrangement.”
Commencement Information
I1Sch. 5 para. 17 in force at 1.8.2022 for the purposes of the amendments made by that paragraph by S.I. 2022/874, reg. 2