[172B Increase in rights of connected person on death]
Finance Act 2004 (2004 c 12) | Legislation

[172B  Increase in rights of connected person on death]

[(1)     This section applies if—

(a)     at any time after the death of a relevant member of a registered pension scheme, there is an increase in the pension rights of another member of the pension scheme which is attributable to the death, and

(b)     the dead member and other member were connected persons immediately before the death.

(2)     A member of a registered pension scheme is a relevant member if, immediately before his death, any of his rights under the pension scheme are—

(a)     rights to benefit to which the member (or any dependant [or nominee or successor] of the member) has a prospective entitlement under an arrangement under the pension scheme,

[(aa)     rights to payments under a scheme pension or dependants' scheme pension provided by the scheme administrator or as a result of the application of sums or assets held for the purposes of the pension scheme or under a lifetime annuity or dependants' annuity[, or nominees' annuity or successors' annuity,] purchased by the application of sums or assets held

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