# The Taxation of Pension Schemes (Transitional Provisions) Order 2006, Article 7: Modification of Chapter 15A of ITEPA 2003

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

Chapter 15A of ITEPA 2003 (lump sums under registered pension schemes) has effect as if, after section 637N, there were inserted—
“Life cover lump sums
637NA (1) No liability to income tax arises on a life cover lump sum.”.

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Source: https://www.legislation.gov.uk/uksi/2006/572/article/7 (the official version)
Page: https://openlegislation.uk/taxation-of-pension-schemes-transitional-provisions-order-2006/article-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.