Schedules
Schedule 9Pensions
Part 4Transitional protections
63Amendments of Schedule 29 to FA 2004
1
In Schedule 29 to FA 2004 (registered pension schemes: authorised lump sums: supplementary), paragraph 4A (uncrystallised funds pension lump sum) is amended as follows.
2
In sub-paragraph (1)—
a
at the end of paragraph (e) insert “and”
;
b
omit the “and” at the end of paragraph (f);
c
omit paragraph (g).
3
Omit sub-paragraphs (3) to (6).
4
At the end insert—
8
For further provision about circumstances in which a lump sum is not an uncrystallised funds pension lump sum, see the following provisions of Part 2 of Schedule 36 (transitional provision and saving: pre-commencement rights: enhancement of allowances)—
a
paragraph 7(8) (enhancement of allowances: primary protection);
b
paragraph 12(3H) (enhancement of allowances: enhanced protection);
c
paragraph 18(7) (enhancement of allowances: pre-commencement pension credits);
d
paragraph 20A(8) (pension credits from previously crystallised rights);
e
paragraph 20B(8) (individuals who are not always relevant UK individuals);
f
paragraph 20E(9) (transfers from recognised overseas pension schemes).