# Income Tax (Earnings and Pensions) Act 2003, Section 408: Exception for contributions to registered pension schemes

Extent: E+W+S+N.I.

(1) This Chapter does not apply to a contribution to a registered pension scheme or an employer-financed retirement benefit scheme if the contribution is made—
(a) as part of an arrangement relating to the termination of a person’s employment, and
(b) in order to provide benefits for the person in accordance with the terms of the scheme or approved personal pension arrangements.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/ukpga/2003/1/section/408 (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/section-408
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.