| [Para 9 Sch 36] |
Before 6 April 2006, the benefits under approved
retirement benefit schemes were limited by HMRC
rules.
It would be inappropriate to permit individuals to protect
pension rights at a higher level than the limits in place on 5
April 2006 would have allowed.
Where an individual has uncrystallised pension rights in a
scheme or contract listed in paragraph 9(1) Schedule 36 Finance Act
2004, the value of the uncrystallised rights determined under
paragraph 8 of Schedule 36 Finance Act 2004, see
RPSM03101050, must be tested against
the appropriate limits.
| Glossary ( RPSM20000000) |
