# Finance Act 2011, Paragraph 42

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

(1) Section 636A of ITEPA 2003 (exemption for certain lump sums under registered pension schemes) is amended as follows.
(2) In subsection (1)—
(a) in paragraph (b), after “serious ill-health lump sum” insert “ paid to a member who has not reached the age of 75 ”;
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(5) In subsection (7)—
(a) after “ “defined benefits lump sum death benefit”,” insert—
““drawdown pension fund lump sum death benefit”,”;
(b) after “ “pension protection lump sum death benefit”,” insert “ and ”;
(c) omit “ “unsecured pension fund lump sum death benefit”,” (and the “and” before it).

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Source: https://www.legislation.gov.uk/ukpga/2011/11/schedule/16/paragraph/42 (the official version)
Page: https://openlegislation.uk/finance-act-2011/schedule-16/paragraph-42
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.