Finance Act 2021

6(1)Section 182 (unauthorised borrowing: money purchase arrangements) is amended as follows.U.K.

(2)In the heading, at the end insert “ other than collective money purchase arrangements ”.

(3)In subsection (1), after “money purchase arrangement” insert “ that is not a collective money purchase arrangement ”.

(4)In subsection (8), after “defined benefits” insert “ or collective money purchase benefits ”.