Paragraph 27F F1

(1)

“Successor of the member” means an individual—

(a)

nominated by a dependant of the member,

(b)

nominated by a nominee of the member,

(c)

nominated by a successor of the member, or

(d)

nominated by the scheme administrator,

but see sub-paragraph (2).

(2)

In relation to any particular benefits under an arrangement relating to a dependant, nominee or successor of the member (“the beneficiary”) in that capacity, no individual nominated by the scheme administrator counts as a successor of the member at any time after the beneficiary's death when there is an individual, or charity, nominated by the beneficiary in relation to the benefits.

(3)

A reference in sub-paragraph (2) to being nominated in relation to particular benefits under an arrangement includes—

(a)

a reference to being nominated in relation to the scheme,

(b)

a reference to being nominated in relation to arrangements that include the arrangement,

(c)

a reference to being nominated in relation to the arrangement, and

(d)

a reference to being nominated in relation to benefits that include the particular benefits.

(4)

Where a successor of the member is an individual who is also a dependant of the member, the individual in the capacity of a successor of the member is to be treated as not also being a dependant of the member.

Annotations

Textual amendments

F1: Sch. 28 paras. 27A-27K and cross-headings inserted (17.12.2014) (with effect in accordance with Sch. 2 para. 3(2) of the amending Act) by Taxation of Pensions Act 2014 (c. 30), Sch. 2 para. 3(1)

Notes on Schedule 28

Modifications

C1: Sch. 28 modified by The Pensions Schemes (Application of UK Provisions to Relevant Non-UK Schemes) Regulations 2006 (S.I. 2006/207), regs. 1(1), 14 (as substituted (with effect in accordance with reg. 1(2) of the amending S.I.) by S.I. 2012/1795, regs. 1(1), 5)