Commentary on Sections Example 3 Ne = £5,000; Da = 183; De = 183; Smg = 0 Section 604: Meaning of “personal pension scheme” and related expressions
2403.This section cross-refers to various definitions and interpretations.
2404.It derives from section 630(1) of ICTA.
2405.The definition of “approved” in section 630(1) of ICTA is:
2406.The definition of “income withdrawal” in section 630(1) of ICTA is:
	a payment of income, under arrangements made in accordance with a personal pension scheme, otherwise than by way of an annuity.
2407.The definition of “personal pension arrangements” in section 630(1) of ICTA is:
	arrangements made by an individual in accordance with a personal pension scheme.
2408.The definition of “personal pension scheme” in section 630(1) of ICTA is:
	a scheme whose sole purpose is the provision of annuities, income withdrawals or lump sums under arrangements made by individuals in accordance with the scheme.