Finance Act 2017
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Amendment of section 85 of Principal Act (exemption relating to retirement benefits) | ||
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70. Section 85 of the Principal Act is amended in subsection (1)— | ||
(a) in paragraph (a) by substituting “Taxes Consolidation Act 1997,” for “Taxes Consolidation Act 1997, or”, | ||
(b) in paragraph (b)— | ||
(i) by substituting “under subsection (4) or (4B), as the case may be, of section 787G of that Act” for “under section 787G(4) of that Act”, and | ||
(ii) by substituting “to an individual, or” for “to an individual,”, | ||
and | ||
(c) by inserting the following after paragraph (b): | ||
“(c) a vested RAC within the meaning of section 787O(1) of the Taxes Consolidation Act 1997 ,”. |