Paragraph 100 Amendments of Part 4 of FA 2004

United Kingdom

(1)

Section 256 (enhanced lifetime allowance regulations) is amended as follows.

(2)

In the heading omit “lifetime”.

(3)

In subsection (1)—

(a)

omit paragraphs (a) to (c);

(b)

in paragraph (d), for “lifetime allowance enhancement” substitute “enhancement of allowances”;

(c)

in paragraph (e)—

(i)

omit “lifetime allowance”;

(ii)

omit the “and” at the end;

(d)

in paragraph (f)—

(i)

for “paragraph 18(6)” substitute “paragraph 18 (1)(b)”;

(ii)

for “lifetime allowance enhancement” substitute “enhancement of allowances”;

(e)

after paragraph (f) insert—

“(g)

paragraph 20A (1)(d) of that Schedule (enhancement factor: pension credits from previously crystallised rights),

(h)

paragraph 20B (1)(b) of that Schedule (enhancement factor: non-residence), and

(i)

paragraph 20E (1)(b) of that Schedule (enhancement factor: transfers from recognised overseas pension scheme).”

(4)

In subsection (2) omit “lifetime”.

(5)

In subsection (3)—

(a)

in the words before paragraph (a) omit “lifetime”;

(b)

omit paragraph (a).

(6)

In subsection (4), in the words before paragraph (a) omit “lifetime”.