[274ZB Treatment of pension benefits reclaimed from reclaim fund etc]
Finance Act 2004 (2004 c 12) | Legislation

[Dormant pension benefits]

[274ZB  Treatment of pension benefits reclaimed from reclaim fund etc]

[(1)     Subsection (2) applies where an amount is paid out of an authorised reclaim fund in respect of transferred dormant eligible pension benefits.

(2)     For the purposes of income tax and this Part, the amount paid out is to be treated as having been paid as a consequence of a right that is the same as the original rights, acquired as the original rights were acquired and having the same characteristics as those rights.

(3)     The Commissioners for His Majesty's Revenue and Customs may make regulations in relation to cases where—

(a)     an amount is paid out of an authorised reclaim fund in respect of transferred

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