# Finance Act 2004, Paragraph 22C

Extent: E+W+S+N.I.

(1) Sub-paragraph (2) applies if—
(a) a dependant's drawdown pension fund in respect of an arrangement came into being before 6 April 2015,
(b) section 167(2A) did not apply to the arrangement immediately before 6 April 2015, and
(c) the dependant notifies the scheme manager that the dependant wishes the fund to become the dependant's flexi-access drawdown fund in respect of the arrangement.
(2) At—
(a) the time the scheme manager accepts the notification, or
(b) the start of 6 April 2015 if that is later,
the sums and assets that then make up that fund become newly-designated dependant funds, if they have not previously done so by the operation of paragraph 22B.

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Source: https://www.legislation.gov.uk/ukpga/2004/12/schedule/28/paragraph/22C (the official version)
Page: https://openlegislation.uk/finance-act-2004/schedule-28/paragraph-22C
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.