# Taxation of Pensions Act 2014, Paragraph 37


In paragraph 3 (definition of member's lifetime annuity) after sub-paragraph (1) insert—
“(1A) For the purposes of this Part, but subject to any provision made under sub-paragraph (2C)(za), an annuity payable to the member is also a lifetime annuity if—
(a) it is payable by an insurance company,
(b) the member becomes entitled to it on or after 6 April 2015, and
(c) it is payable until the member's death or until the later of the member's death and the end of a term certain.”

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Source: https://www.legislation.gov.uk/ukpga/2014/30/schedule/1/paragraph/37 (the official version)
Page: https://openlegislation.uk/taxation-of-pensions-act-2014/schedule-1/paragraph-37
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.