[637S Availability of individual's lump sum and death benefit allowance]
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

[637S  Availability of individual's lump sum and death benefit allowance]

[(1)     This section is about the availability of an individual's lump sum and death benefit allowance on the occurrence of a relevant benefit crystallisation event (“the current event”).

(2)     In this section—

(a)     “relevant benefit crystallisation event”, in relation to an individual, means—

(i)     the individual becoming entitled to a relevant lump sum, or

(ii)     a person being paid a relevant lump sum death benefit in respect of the individual;

(b)     “relevant lump sum” means—

(i)     a pension commencement lump sum,

(ii)     a serious ill-health lump sum, or

(iii)     an uncrystallised funds pension

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Unless orders

Unless ordersThis Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your matter is proceeding, you may also need to be mindful of additional provisions—see further below.This Practice Note provides guidance on

LEXISNEXIS

Possession with intent to supply

Possession with intent to supplyPossession with intent to supply a controlled drugIt is an offence for a person to have a controlled drug in his possession, whether lawfully or not, with intent to supply it to another in contravention of section 4(1) of the Misuse of Drugs Act 1971 (MDA

LEXISNEXIS

The Standard Provisions of the Society of Trust and Estate Practitioners (STEP)

The Standard Provisions of the Society of Trust and Estate Practitioners (STEP)FORTHCOMING CHANGE: The Society of Trust and Estate Practitioners (STEP) is currently reviewing and revising the STEP Standard provisions and intends to release the 3rd edition later in 2021.Trustees' powersAs trusts can

LEXISNEXIS

Wounding or causing grievous bodily harm with intent

Wounding or causing grievous bodily harm with intentThe offence of causing grievous bodily harm with intentWounding or causing grievous bodily harm (GBH) with intent is triable only in the Crown Court on indictment. Elements of the offence Under the Offences against the Person Act 1861 (OATPA 1861),