[244C Exclusion:] [receiving scheme in EEA state [or Gibraltar], and member resident in UK or EEA state]
Finance Act 2004 (2004 c 12) | Legislation

[244C  Exclusion:] [receiving scheme in EEA state [or Gibraltar], and member resident in UK or EEA state]

[(1)     This section applies to a transfer to a QROPS established in an EEA state [or Gibraltar].

(2)     If the transfer is a recognised transfer [or a relieved relevant non-UK scheme transfer], the transfer is excluded from the overseas transfer charge [under section 244AC] if during the relevant period—

(a)     the member is resident in [a relevant territory] (whether or not the [same relevant territory] throughout that period), and

(b)     there is no onward transfer—

(i)     for which the recognised transfer [or relieved relevant non-UK scheme transfer]

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