# Finance Act 2015, Paragraph 7


In Schedule 32 (supplementary provisions about benefit crystallisation events)—
(a) in paragraph 1 (meaning of “the relevant pension schemes”: in certain cases means schemes of which the individual was a member immediately before death) after “5C” insert “ or 5D ”,
(b) in paragraph 4(1) (further provision about benefit crystallisation event 4) for the words from “if” to “purchased” substitute
“if—
(a) the lifetime annuity or a related dependants' annuity or a related nominees' annuity is, or
(b) the lifetime annuity and a related dependants' annuity are, or
(c) the lifetime annuity and a related nominees' annuity are, or
(d) a related dependants' annuity and a related nominees' annuity are, or
(e) the lifetime annuity and a related dependants' annuity and a related nominees' annuity are,
purchased ”,
(c) in paragraph 14B (event 5C: meaning of “relevant two-year period”), and in the italic heading before that paragraph, for “event 5C” substitute “ events 5C and 5D ”, and
(d) in paragraph 14C(1) (event 5C: meaning of “relevant unused uncrystallised funds”), and in the italic heading before paragraph 14C, for “event 5C” substitute “ events 5C and 5D ”.

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Source: https://www.legislation.gov.uk/ukpga/2015/11/schedule/4/paragraph/7 (the official version)
Page: https://openlegislation.uk/finance-act-2015/schedule-4/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.