Schedules

Schedule 9Pensions

Part 3Non-UK schemes

46Amendments of Part 4 of FA 2004

1

Section 244B (exclusion: member and receiving scheme in same country) is amended as follows.

2

In subsection (1)—

a

in the words before paragraph (a)—

i

after “recognised transfer to a QROPS” insert “or a relieved relevant non-UK scheme transfer”;

ii

after “overseas transfer charge” insert “under section 244AC”;

b

in paragraph (a), after “the QROPS” insert “to which the transfer is made”;

c

in paragraph (b), in sub-paragraph (i), after “recognised transfer” insert “or relieved relevant non-UK scheme transfer”.

3

In subsection (3), in the words before paragraph (a), after “overseas transfer charge” insert “under section 244AC”.