{
  "url": "https://openlegislation.uk/finance-act-2004/schedule-28/paragraph-23",
  "json_url": "https://openlegislation.uk/finance-act-2004/schedule-28/paragraph-23.json",
  "legislation": "ukpga/2004/12",
  "legislation_title": "Finance Act 2004",
  "legislation_url": "https://openlegislation.uk/finance-act-2004",
  "path": "schedule/28/paragraph/23",
  "kind": "paragraph",
  "number": "23",
  "heading": null,
  "text": "(1) “Drawdown pension year” means—\n(a) the period of 12 months beginning with the day on which the dependant first becomes entitled to dependants' drawdown pension in respect of the arrangement, and\n(b) each succeeding period of 12 months.\nThis is subject to paragraph 24B.\n(2) The drawdown pension year in which the dependant dies is the last drawdown pension year and ends immediately before the dependant's death.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 28 para. 23(1) substituted (with effect in accordance with Sch. 16 para. 85 of the amending Act) by Finance Act 2011 (c. 11), Sch. 16 para. 17(2)(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 28 para. 23(1)(a) substituted (with effect in accordance with Sch. 16 para. 85 of the amending Act) by Finance Act 2011 (c. 11), Sch. 16 para. 17(2)(b)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. 28 para. 23(1) inserted (with effect in accordance with Sch. 16 para. 85 of the amending Act) by Finance Act 2011 (c. 11), Sch. 16 para. 17(2)(c)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Sch. 28 para. 23(2) substituted (with effect in accordance with Sch. 16 para. 85 of the amending Act) by Finance Act 2011 (c. 11), Sch. 16 para. 17(3)"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "Sch. 28 para. 23(1) modified (6.4.2006) by The Taxation of Pension Schemes (Transitional Provisions) Order 2006 (S.I. 2006/572), arts. 1(1), 30(1)(2)(4)"
    },
    {
      "type": "C",
      "label": "C2",
      "text": "Sch. 28 para. 23(1)(a) modified (with effect in accordance with Sch. 16 para. 85 of the amending Act) by Finance Act 2011 (c. 11), Sch. 16 para. 100(2)"
    },
    {
      "type": "C",
      "label": "C3",
      "text": "Sch. 28 para. 23(1)(a) modified (with effect in accordance with Sch. 16 para. 85 of the amending Act) by Finance Act 2011 (c. 11), Sch. 16 para. 97(2)"
    },
    {
      "type": "C",
      "label": "C4",
      "text": "Sch. 28 para. 23(2) modified (27.7.2010) by Finance (No. 2) Act 2010 (c. 31), Sch. 3 para. 2(1)(2)(d)(ii) (with Sch. 2 para. 2(1))"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2004/12/schedule/28/paragraph/23",
    "retrieved_at": "2026-10-29T09:17:16.113356+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}