# Finance Act 2011, Paragraph 79


(1) Schedule 29 (authorised lump sums) is amended as follows.
(2) In paragraph 1 (pension commencement lump sum), in sub-paragraph (3)(b), omit “, otherwise than by virtue of the operation of paragraph 8(2) of Schedule 28,”.
(3) In paragraph 3 (pension commencement lump sum: calculation of applicable amount)—
(a) in sub-paragraph (1)(a), for “unsecured pension” substitute “ drawdown pension ”;
(b) in sub-paragraph (5)(a), for “member's unsecured pension fund” substitute “ member's drawdown pension fund ”;
(c) in sub-paragraph (8)(a), for “member's unsecured pension fund” substitute “ member's drawdown pension fund ”.
(4) In paragraph 15 (uncrystallised funds lump sum death benefit), in sub-paragraph (2)(b), for “unsecured pension” substitute “ drawdown pension ”.

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Source: https://www.legislation.gov.uk/ukpga/2011/11/schedule/16/paragraph/79 (the official version)
Page: https://openlegislation.uk/finance-act-2011/schedule-16/paragraph-79
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.