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Paragraph 13 F1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

“The FRAA” means the flat rate accrual amount.

(2)

F2Where the final relevant year is 2015-16 or an earlier tax year, that amount is £72.80 for the flat rate introduction year and subsequent tax years (but subject to section 148AA of the Administration Act).

(F33)

Otherwise, that amount is £93.60 for the flat rate introduction year and subsequent tax years.

Annotations

Textual amendments

F1

Sch. 4B inserted (26.9.2007) by Pensions Act 2007 (c. 22), s. 30(3), Sch. 2 para. 1

F2

Words in Sch. 4B para. 13(2) inserted (6.4.2016) by The Pensions Act 2014 (Consequential and Supplementary Amendments) Order 2016 (S.I. 2016/224), arts. 1(2), 2(8)(a)

F3

Sch. 4B para. 13(3) inserted (6.4.2016) by The Pensions Act 2014 (Consequential and Supplementary Amendments) Order 2016 (S.I. 2016/224), arts. 1(2), 2(8)(b)