164 Authorised member payments
Finance Act 2004 (2004 c 12) | Legislation

Authorised member payments

164  Authorised member payments

[(1)]     The only payments a registered pension scheme is authorised to make to or in respect of a [person who is or has been a] member of the pension scheme are—

(a)     pensions permitted by the pension rules or the pension death benefit rules [to be paid to or in respect of a member] (see sections 165 and 167),

(b)     lump sums permitted by the lump sum rule or the lump sum death benefit rule [to be paid to or in respect of a member] (see sections 166 and

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