[579CZA Exemption for beneficiaries' income withdrawal in some cases]
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

[579CZA  Exemption for beneficiaries' income withdrawal in some cases]

[(1)     Section 579A does not apply to dependants' income withdrawal or nominees' income withdrawal if it is paid—

(a)     in respect of a deceased member of a registered pension scheme who had not reached the age of 75 at the date of the member's death, and

(b)     to a person from the person's—

(i)     dependant's drawdown pension fund,

(ii)     dependant's flexi-access drawdown fund, or

(iii)     nominee's flexi-access drawdown fund,

in respect of a money purchase arrangement under a registered pension scheme.

(2)     Section 579A does not apply to successors' income withdrawal if it is paid—

(a)     in respect of a deceased beneficiary of a deceased member of a registered pension scheme where the beneficiary had not reached the age of 75 at the date of the beneficiary's death, and

(b)     to a person from the person's successor's flexi-access drawdown fund in respect of a money purchase arrangement under a registered pension scheme,

and here “beneficiary” means dependant, nominee or successor.

(3)     Subsection (1) is subject to the following provisions of this section.

(4)     Section 579A does apply to dependants' income withdrawal paid on or after 6 April

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