# Finance Act 2008, Paragraph 2


(1) Section 172 (assignment) is amended as follows.
(2) In subsection (3)—
(a) in paragraph (a), for “an actual or” substitute “ a ”, and
(b) in paragraph (b), for “the member” substitute “ a member of the pension scheme ”.
(3) After subsection (6) insert—
“(6A) References in this section to a benefit to which the member or a person has an entitlement under the pension scheme includes rights to payments under—
(a) a scheme pension or dependants' scheme pension provided by the scheme administrator or as a result of the application of sums or assets held for the purposes of the pension scheme, or
(b) a lifetime annuity or dependants' annuity purchased by the application of sums or assets held for the purposes of the pension scheme.”

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Source: https://www.legislation.gov.uk/ukpga/2008/9/schedule/28/paragraph/2 (the official version)
Page: https://openlegislation.uk/finance-act-2008/schedule-28/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

