Article 3 Consequential amendment to section 128 of the Finance Act 1995

(1)

Section 128 (limit of income chargeable on non-residents: income tax) of the Finance Act 1995 is amended as follows.

(2)

In subsection (3)(cc) after the words “section 577” omit “or 605” and omit “and retirement annuity contracts”.

(3)

After subsection (3)(cc) insert—

“(cca)

it is chargeable to tax under chapter 5A, Part 9 of ITEPA 2003^f1 because it is a pension under a registered pension scheme where that scheme—

(i)

falls within paragraph 1(1)(f) of Schedule 36 of the Finance Act 2004, and

(ii)

was, immediately before 6^th April 2006, a retirement annuity contract to which section 605 of ITEPA 2003^f2 applied;”.

Annotations

Footnotes

f1: Chapter 5A was inserted by section 204 and paragraphs 1 and 6 of Schedule 31 to the Finance Act 2004 with effect from 6th April 2006
f2: Section 605 was repealed by section 204 and paragraph 7 of Schedule 31 to the Finance Act 2004 subject to the transitional saving in paragraph 43 of Schedule 36. Paragraph 43 is repealed on 6th April 2007 under paragraph 64 of Schedule 10 to the Finance Act 2005 (c. 7).