[554E Exclusions: steps under certain schemes etc]
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

[Exclusions]

[554E  Exclusions: steps under certain schemes etc]

[(1)     Chapter 2 does not apply by reason of a relevant step if the step is taken under any of the following—

(a)     [a Schedule 2] SIP (within the meaning of Chapter 6 of Part 7),

(b)     [a Schedule 3] SAYE option scheme (within the meaning of Chapter 7 of Part 7),

(c)     [a Schedule 4] CSOP scheme (within the meaning of Chapter 8 of Part 7),

(d)     an arrangement the sole purpose of which is the provision of excluded benefits (as defined in section 393B(3)),

(e)     an arrangement the sole purpose of which is the making of payments which are to be disregarded in the calculation mentioned in regulation 25 of the Social Security (Contributions) Regulations 2001 (SI 2001/1004) by virtue of paragraph 12 of Part 10 of Schedule 3 to those Regulations (as that paragraph has effect by virtue of regulation 2(3) of the Social Security (Contributions) (Amendment No 9) Regulations 2007 (SI 2007/2905)),

(f)     a pension scheme set up by a government outside the United Kingdom for the benefit of its employees or primarily for their benefit,

(g)     a registered pension scheme, or

(h)     an arrangement the sole

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