# The Taxation of Pension Schemes (Transitional Provisions) Order 2006, Article 25C: Payment of stand-alone lump sums: tax consequences

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

(1) In subsection (1) of section 166 (lump sum rule), the list of lump sums set out in the paragraphs of that subsection shall be treated as including a stand-alone lump sum.
(1A) Articles 25CA to 25CC apply for the purposes of determining the tax treatment of a stand-alone lump sum.
(4) If—
(a) a stand-alone lump sum is paid—
(i) on or after 6 April 2015,
(ii) to a member of a pension scheme,
(iii) under a money purchase arrangement, and
(iv) in circumstances where article 25B(2) (circumstance A) applies, and
(b) no previous stand-alone lump sum has been paid—
(i) on or after that day,
(ii) to the member,
(iii) under a money purchase arrangement, and
(iv) in circumstances where article 25B(2) applies,
subsection (1) of section 227G of the 2004 Act (individual first flexibly accesses pension rights at earliest time given by the following subsections of that section) has effect as if there were a subsequent subsection of that section stating that the member first flexibly accesses pension rights immediately before the stand-alone lump sum is paid.

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Source: https://www.legislation.gov.uk/uksi/2006/572/article/25C (the official version)
Page: https://openlegislation.uk/taxation-of-pension-schemes-transitional-provisions-order-2006/article-25C
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.