Office of Public Sector Information
PART 4 continued CHAPTER 8 continued
(2) In this Part the following expressions are defined or otherwise explained by the provisions indicated—
| accounting period | section 834(1) of ICTA |
| active member (of a pension scheme) | section 151(2) |
| active membership period (insections 221 to 223) | section 221(4) and (5) |
| amount crystallised | section 216 |
| annual allowance | section 228 |
| annual allowance charge | section 227(1) |
| annuity protection lump sum death benefit | paragraph 16 of Schedule 29 |
| arrangement | section 152(1) |
| authorised surplus payment | section 177 |
| available (in relation to a person’s lifetime allowance) | section 219 |
| basic rate | section 832(1) of ICTA |
| basic rate limit | section 832(1) of ICTA |
| benefits (provided by pension scheme) | section 279(2) |
| benefit crystallisation event | section 216 |
| the Board of Inland Revenue | section 279(1) |
| borrowing (in Chapter 3) | section 163 |
| cash balance arrangement | section 152(3) |
| cash balance benefits | section 152(5) |
| chargeable gain | section 832(1) of ICTA |
| charity | section 279(1) |
| company | section 832(1) of ICTA |
| compensation payment | section 178 |
| contribution | sections188(4) to (6) and 195 |
| defined benefits | section 152(7) |
| defined benefits arrangement | section 152(6) |
| defined benefits lump sum death benefit | paragraph 13 of Schedule 29 |
| dependant’s alternatively secured pension fund | paragraph 25 of Schedule 28 |
| dependants' scheme pension | paragraph 16 of Schedule 28 |
| dependant’s unsecured pension fund | paragraph 22 of Schedule 28 |
| employee and employer (and employment) | section 279(1) |
| employment income | section 7(2) of ITEPA 2003 |
| enhanced lifetime allowance regulations | section 256(2) |
| entitled (in relation to a lump sum) | section 166(2) |
| entitled (in relation to a pension) | section 165(3) |
| higher rate | section 832(1) of ICTA |
| hybrid arrangement | section 152(8) |
| ill-health condition | paragraph 1 of Schedule 28 |
| the individual (in sections 215 to 219) | section 214(5) |
| the Inland Revenue | section 279(1) |
| insurance company | section 275 |
| investments (in relation to a pension scheme) | section186(3) and (4) |
| liability (in Chapter 3) | section 163 |
| lifetime allowance (in relation to a person) | section 218 |
| lifetime allowance charge | section 214(1) |
| lifetime allowance enhancement factors | section 218(5) |
| lifetime allowance excess lump sum | paragraph 11 of Schedule 29 |
| lifetime annuity | paragraph 3 of Schedule 28 |
| loan (in Chapter 3) | section 162 |
| lump sum death benefit | section 168(2) |
| market value | section 278 |
| member (of a pension scheme) | section 151(1) |
| member’s alternatively secured pension fund | paragraph 11 of Schedule 28 |
| member’s unsecured pension fund | paragraph 8 of Schedule 28 |
| money purchase arrangement | section 152(2) |
| money purchase benefits | section 152(4) |
| net pay pension scheme | section 191(9) |
| normal minimum pension age | section 279(1) |
| occupational pension scheme | section 150(5) |
| overseas arrangement active membership period (in sections 224 to 226) | section 224(7) and (8) |
| overseas pension scheme | section 150(7) |
| payment (in Chapter 3) | section 161 |
| payments (made by pension scheme) | section 279(2) |
| pension | section 165(2) |
| pension commencement lump sum | paragraph 1of Schedule 29 |
| pension credit and pension debit | section 279(1) |
| pension input amount | section 229 |
| pension input period | section 238 |
| pension protection lump sum death benefit | paragraph 14 of Schedule 29 |
| pension scheme | section 150(1) |
| the pension scheme (in sections 215 to 219) | section 214(5) |
| pension sharing order or provision | section 279(1) |
| pensioner member (of a pension scheme) | section 151(3) |
| period of account | section 832(1) of ICTA |
| personal representatives | section 279(1) |
| property investment LLP | section 842B of ICTA |
| public service pension scheme | section 150(3) |
| qualifying recognised overseas pension scheme | section 169(2) |
| recognised overseas pension scheme | section 150(8) |
| recognised overseas scheme arrangement (insections 224 to 226) | section 224(2) and (3) |
| registered pension scheme | section 150(2) |
| relevant overseas individual | section 221(3) |
| relevant UK earnings | section 189(2) |
| relevant UK individual | section 189 |
| relevant valuation factor | section 276 |
| relievable pension contributions | section 188(2) and (3) |
| retail prices index | section 279(1) |
| scheme administrator | section 270 (but see also sections 271 to 274) |
| scheme chargeable payment | section 241 |
| scheme manager | section 169(3) |
| scheme pension | paragraph 2 of Schedule 28 |
| scheme sanction charge | section 239(1) |
| serious ill-health lump sum | paragraph 4 of Schedule 29 |
| short service refund lump sum | paragraph 5 of Schedule 29 |
| short service refund lump sum charge | section 205(1) |
| special lump sum death benefits charge | section 206(1) |
| sponsoring employer | section 150(6) |
| standard lifetime allowance | section 218(2) and (3) |
| sums and assets held for the purposes of an arrangement | section 279(3) |
| tax year | section 279(1) |
| the tax year 2006-07 etc. | section 279(1) |
| total income | section 835 of ICTA |
| total pension input amount | section 229 |
| transfer lump sum death benefit | paragraph 19 of Schedule 29 |
| trivial commutation lump sum | paragraph 7 of Schedule 29 |
| unauthorised employer payment | section 160(4) |
| unauthorised member payment | section 160(2) |
| unauthorised payment | section 160(5) |
| unauthorised payments charge | section 208(1) |
| unauthorised payments surcharge | section 209(1) |
| uncrystallised funds lump sum death benefit | paragraph 15 of Schedule 29 |
| unsecured pension fund lump sum death benefit | paragraph17of Schedule 29 |
| valuation assumptions (in relation to a person) | section 277 |
| winding-up lump sum | paragraph 10 of Schedule 29 |
| winding-up lump sum death benefit | paragraph 21 of Schedule 29 |
(1) Schedule 35 contains minor and consequential amendments of enactments in consequence of, or otherwise in connection with, this Part.
(2) The Treasury may by order make such other amendments (including repeals and revocations) as may appear appropriate in consequence of, or otherwise in connection with, this Part—
(a) in any enactment contained in an Act passed before 6th April 2006 or in the Session in which that date falls, and
(b) in any instrument made before that date or in the Session in which that date falls.
(3) An order under subsection (2) may include any transitional provisions or savings appearing to the Treasury to be appropriate.
(1) Any power of the Treasury or the Board of Inland Revenue to make any order or regulations under this Part is exercisable by statutory instrument.
(2) Any statutory instrument containing any order or regulations made by the Treasury or the Board of Inland Revenue under this Part is subject to annulment in pursuance of a resolution of the House of Commons.
(1) Schedule 36 contains miscellaneous transitional provisions and savings.
(2) The Treasury may by order make any other transitional provision which may appear appropriate in consequence of, or otherwise in connection with, this Part or the repeals made by this Act in consequence of this Part.
(3) An order under subsection (2) may, in particular, include savings from the effect of any amendment made by this Part or any repeal made by this Act in consequence of this Part.
(4) Nothing in Schedule 36 limits the power conferred by subsection (2).
(5) Nothing in that Schedule or in any provision made by virtue of subsection (2) prejudices the operation of sections 16 and 17 of the Interpretation Act 1978 (c. 30) (effect of repeals).
(1) Chapters 3 to 7 and section 281 (with Schedule 35) do not come into force until 6th April 2006.
(2) But any power to make an order or regulations under any of those provisions may be exercised at any time after this Act is passed.
Finance Act 2004