# Taxation of Pensions Act 2014, Paragraph 15


(1) Paragraph 18 of Schedule 29 (charity lump sum death benefit) is amended as follows.
(2) After sub-paragraph (2) insert—
“(2A) A lump sum death benefit is also a charity lump sum death benefit if—
(a) it is paid on the death of an individual who is—
(i) a nominee of the member, or
(ii) a successor of the member,
(b) there are no dependants of the member,
(c) it is paid in respect of the individual's nominee's flexi-access drawdown fund or successor's flexi-access drawdown fund at the date of the individual's death in respect of an arrangement relating to the individual in the capacity of a nominee or successor of the member, and
(d) it is paid to a charity nominated by the member or, if the member made no nomination, by the individual.”
(3) In sub-paragraph (3) (cases where lump sum exceeds the permitted maximum) for “or (2)” substitute “ , (2) or (2A) ”.
(4) In sub-paragraph (4) (meaning of “permitted maximum”) after “arrangement” insert “ , or the nominee's or successor's flexi-access drawdown fund in respect of the arrangement, ”.

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Source: https://www.legislation.gov.uk/ukpga/2014/30/schedule/2/paragraph/15 (the official version)
Page: https://openlegislation.uk/taxation-of-pensions-act-2014/schedule-2/paragraph-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.