From 6 April 2006 the maximum permitted lump sum is 25 per cent of the standard lifetime allowance (see ¶378-550), which for 2006–07 was £1.5m, giving a maximum lump sum for that year of £375,000. For those individuals who had the right to a lump sum greater than that amount under the rules of a pension scheme as they stood on 5 April 2006, that right is protected, provided the individual had given notice of intention by 6 April 2009 to rely upon primary or enhanced protection (see ¶390-050 and ¶390-100) (FA 2004, Sch. 36, para. 24).

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