# Finance Act 2011, Paragraph 41

Extent: E+W+S+N.I.

(1) In Part 4 of FA 2004, section 206 (special lump sum death benefits charge) is amended as follows.
(2) In subsection (1), for paragraph (c) substitute—
“(c) a drawdown pension fund lump sum death benefit,”.
(3) After that subsection insert—
“(1A) The special lump sum death benefits charge also arises where—
(a) a defined benefits lump sum death benefit, or
(b) an uncrystallised funds lump sum death benefit,
is paid by a registered pension scheme in respect of a member who had reached the age of 75 at the date of the member's death.”
(4) In subsection (4), for “35%” substitute “ 55% ”.
(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/ukpga/2011/11/schedule/16/paragraph/41 (the official version)
Page: https://openlegislation.uk/finance-act-2011/schedule-16/paragraph-41
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.