OpenLegislation

Paragraph 62 I1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Section 407 (payments and benefits on termination of employment: exception for payments and benefits under tax-exempt pension schemes) is amended as follows.

(2)

In subsection (2), for paragraph (a) substitute—

“(a)

a registered pension scheme,

(aa)

a scheme set up by a government outside the United Kingdom for the benefit of employees or primarily for their benefit, or”.

(3)

Omit subsection (3).

Annotations

Commencement

I1

Ss. 160-274, 281, Schs. 30-35 in force at 6.4.2006 but any power to make an order or regulations under those provisions may be exercised at any time after Royal Assent, see s. 284