# The Enactment of Extra-Statutory Concessions Order 2009, Article 2: Certain benefits provided under old schemes not taxed


(1) In the Income Tax (Earnings and Pensions) Act 2003, after section 395 insert—
“Benefits under old section 222 schemes not taxed by virtue of section 394
395A Section 394 does not apply to a benefit provided under an employer–financed retirement benefits scheme if—
(a) immediately before 6th April 1980 the scheme was approved under section 222 of ICTA 1970,
(b) the scheme was not approved under Chapter II of Part II of FA 1970,
(c) no material changes have been made to the terms on which benefits are provided under the scheme after 5th April 1980, and
(d) no contributions have been paid under the scheme after that date.”.
(2) The amendment made by this article has effect for the tax year 2009-10 and subsequent tax years.

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Source: https://www.legislation.gov.uk/ukdsi/2009/9780111473856/article/2 (the official version)
Page: https://openlegislation.uk/draft-enactment-of-extra-statutory-concessions-order-2009/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.