Schedules

Schedule 9Pensions

Part 3Non-UK schemes

55Amendments of Part 4 of FA 2004

1

Section 244J (persons liable to charge) is amended as follows.

2

After subsection (1) insert—

1A

In the case of a relieved relevant non-UK scheme transfer, the member is liable to the overseas transfer charge.

3

In subsection (4), in the words before paragraph (a), for “transfer” substitute “recognised transfer to a QROPS or an onward transfer”.