Related Commentary  Related HMRC Manuals

152(1)  In this Part “arrangement” , in relation to a member of a pension scheme, means an arrangement relating to the member under the pension scheme.

152(2)  For the purposes of this Part an arrangement is a “money purchase arrangement”  at any time if, at that time, all the benefits that may be provided to or in respect of the member under the arrangement are cash balance benefits or other money purchase benefits.

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