SCHEDULES
SCHEDULE 4Pensions: lifetime allowance: transitional provision
PART 1“Fixed protection 2016”
Protection-cessation events
3
There is a protection-cessation event if—
a
there is benefit accrual in relation to the individual under an arrangement under a registered pension scheme,
b
there is an impermissible transfer into any arrangement under a registered pension scheme relating to the individual,
c
a transfer of sums or assets held for the purposes of, or representing accrued rights under, any such arrangement is made that is not a permitted transfer, or
d
an arrangement relating to the individual is made under a registered pension scheme otherwise than in permitted circumstances.