Paragraph 5 I1
(1)
Section 172C (allocation of unallocated employer contributions) is amended as follows.
(2)
In subsection (2)—
(a)
in paragraph (a), after “cash balance arrangement” insert “ or a collective money purchase arrangement ”;
(b)
in paragraph (b), for “other than cash balance benefits” substitute “ that are not cash balance benefits or collective money purchase benefits ”.
Annotations
Commencement
- I1
Sch. 5 para. 5 in force at 1.8.2022 for the purposes of the amendments made by that paragraph by S.I. 2022/874, reg. 2