Finance Act 2012

Amendment of Chapter 5 (policyholders — new basis) of Part 26 of Principal Act.

29.— Chapter 5 of Part 26 of the Principal Act is amended—

(a) in section 730D(2)(b)(vi) by substituting “any Court,” for “any Court, or”,

(b) in section 730D(2)(b) by inserting the following after sub-paragraph (vii):

“(viii) a pension scheme being an exempt approved scheme within the meaning of section 774 or a trust scheme to which section 784 or 785 applies, or

(ix) an approved retirement fund within the meaning of section 784A or an approved minimum retirement fund within the meaning of section 784C,”,

(c) in section 730E(3)(e)(vi) by substituting “any Court,” for “any Court, or”, and

(d) in section 730E(3)(e) by inserting the following after sub-paragraph (vii):

“(viii) a pension scheme being an exempt approved scheme within the meaning of section 774 or a trust scheme to which section 784 or 785 applies, or

(ix) an approved retirement fund within the meaning of section 784A or an approved minimum retirement fund within the meaning of section 784C,”.