Article 23B F1

For subsection (2) (of section 166 (lump sum rule) substitute—

“(a)

in the case of a pension commencement lump sum, either—

(i)

immediately before the person becomes entitled to the pension in connection with which it is paid (or, if the person dies before becoming entitled to the pension in connection with which it was anticipated it would be paid, immediately before death), or

(ii)

if the person becomes entitled to a trivial commutation lump sum within paragraph 7A of Schedule 29, immediately before becoming so entitled,”.