Taxation of Pensions Act 2014 (Version in vigour from 2016-09-15 to )
Currency | No known outstanding effects |
Coming into Force | 15 September 2016 |
- (aa) they have, at any time on or after 6 April 2015, been designated under the arrangement as available for the payment of drawdown pension, and—
- (i) sums or assets held for the purposes of the arrangement have, at any time before 6 April 2015, been designated under the arrangement as so available, and
- (ii) section 165(3A) did not apply to the arrangement immediately before 6 April 2015,
- (8A)
- (1) For the purposes of this Part the member's flexi-access drawdown fund in respect of an arrangement consists of such of the sums or assets held for the purposes of the arrangement as are newly-designated funds.
- (2) For the purposes of this Part sums or assets held for the purposes of an arrangement are newly-designated funds if—
- (a) they—
- (i) have, at any time on or after 6 April 2015, been designated under the arrangement as available for the payment of drawdown pension, and
- (ii) are not member-designated funds, or
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