C2C1C3C4C5Part 9Pension income
Pt. 9 excluded by 2004 c. 12, Sch. 36 para. 45A(1) (as inserted (26.3.2015) by Finance Act 2015 (c. 11), Sch. 4 para. 19)
Pt. 9 modified (6.4.2023) by The Public Service Pension Schemes (Rectification of Unlawful Discrimination) (Tax) Regulations 2023 (S.I. 2023/113), regs. 1(2), 23(2), 24(2), 26(2), 28(2) (with reg. 1(3))
Pt. 9 modified (14.9.2023) by The Public Service Pension Schemes (Rectification of Unlawful Discrimination) (Tax) (No. 2) Regulations 2023 (S.I. 2023/912), regs. 1(2), 9(2), 11(2), 16(2) (with reg. 1(3))
Pt. 9 modified (31.10.2023) by The Registered Pension Schemes (Authorised Member Payments) Regulations 2023 (S.I. 2023/1012), regs. 1, 4
Chapter 15Voluntary annual payments
633Voluntary annual payments
1
This section applies to an annual payment which—
a
is paid voluntarily, or
b
is capable of being discontinued,
if conditions A and B are met.
2
Condition A is that the payment is paid to—
a
a former employee or a former office-holder,
b
the widow or widower F1or surviving civil partner of a former employee or former office-holder, or
c
any child, relative or dependant of a former employee or a former office-holder.
3
Condition B is that the payment is paid by or on behalf of—
a
the person—
i
who employed the former employee, or
ii
under whom the former office-holder held the office, or
b
the successors of that person.
4
But this section applies to a payment which is paid by or on a behalf of a person who is outside the United Kingdom only if it is paid to a person resident in the United Kingdom.
5
In this section “office” includes in particular any position which has an existence independent of the person who holds it and may be filled by successive holders.
Pt. 9: power to amend conferred (17.12.2014) by Taxation of Pensions Act 2014 (c. 30), s. 4(3)