# Finance Act 2004, Paragraph 62


(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).

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Source: https://www.legislation.gov.uk/ukpga/2004/12/schedule/35/paragraph/62 (the official version)
Page: https://openlegislation.uk/finance-act-2004/schedule-35/paragraph-62
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.