# Finance Act 2011, Paragraph 80


(1) Schedule 32 (benefit crystallisation events: supplementary) is amended as follows.
(2) In paragraph 3 (benefit crystallisation events 1 and 2: prevention of overlap)—
(a) in sub-paragraph (1), for “unsecured pension fund” substitute “ drawdown pension fund ”;
(b) in sub-paragraph (2), for “unsecured pension” substitute “ drawdown pension ”.
(3) In paragraph 4 (benefit crystallisation events 1 and 4: prevention of overlap)—
(a) in sub-paragraph (1), for “unsecured pension fund” substitute “ drawdown pension fund ”;
(b) in sub-paragraph (2), for “unsecured pension” substitute “ drawdown pension ”.
(4) In paragraph 5 (benefit crystallisation events 1 and 5: hybrid arrangements), in sub-paragraph (2), omit the words from “(with the effect that” to the end.
(5) In paragraph 17 (benefit crystallisation event 8: prevention of overlap with other events), in sub-paragraph (2)—
(a) for “unsecured pension fund” substitute “ drawdown pension fund ”;
(b) for “unsecured pension” substitute “ drawdown pension ”.

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Source: https://www.legislation.gov.uk/ukpga/2011/11/schedule/16/paragraph/80 (the official version)
Page: https://openlegislation.uk/finance-act-2011/schedule-16/paragraph-80
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.