Finance Act 2021

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

(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”.