# Finance Act 2004, Paragraph 23

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

(1) “Drawdown pension year” means—
(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
(b) each succeeding period of 12 months.
This is subject to paragraph 24B.
(2) The drawdown pension year in which the dependant dies is the last drawdown pension year and ends immediately before the dependant's death.

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Source: https://www.legislation.gov.uk/ukpga/2004/12/schedule/28/paragraph/23 (the official version)
Page: https://openlegislation.uk/finance-act-2004/schedule-28/paragraph-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.