Section 22

SERIOUS ILL-HEALTH LUMP SUMS

1(1)  Part 4 of FA 2004 (registered pension schemes etc) is amended as follows.

1(2)  [Omits FA 2004, s. 205A.]

1(3)  In Part 1 of Schedule 29 (interpretation of lump sum rule), paragraph 4 (serious ill-health lump sums) is amended in accordance with sub-paragraphs (4) and (5).

1(4)  [Substitutes FA 2004, Sch. 29, para. 4(1)(ca).]

1(5)  [Inserts FA 2004, Sch. 29, para. 4(2A).]

2(1)  Section 636A of ITEPA 2003 (exemption for certain lump sums under registered pension schemes) is amended as follows.

2(2)  [Amends heading to ITEPA 2003, s. 636A.]

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