# Finance Act 2011, Paragraph 25


In paragraph 2 (pension commencement lump sum: calculation of permitted maximum), after sub-paragraph (7) insert—
“(7A) For the purposes of determining the available portion of the member's lump sum allowance—
(a) the fact that benefit crystallisation event 5 or benefit crystallisation event 5B has occurred in relation to the member is to be disregarded, and
(b) anything which, but for paragraph 2 or 15A of Schedule 32, would have been a benefit crystallisation event is to be treated as if it were such an event.”

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Source: https://www.legislation.gov.uk/ukpga/2011/11/schedule/16/paragraph/25 (the official version)
Page: https://openlegislation.uk/finance-act-2011/schedule-16/paragraph-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.