Social Welfare and Pensions Act 2010


Amendment of Taxes Consolidation Act 1997.

44.— The Taxes Consolidation Act 1997 is amended in section 772 by inserting the following subsection after subsection (3F):

“(3G) A retirement benefits scheme shall not cease to be an approved scheme where the trustees of the scheme, notwithstanding anything contained in the rules of the scheme as approved, discharge liabilities of the scheme under section 59(3) of the Principal Act (inserted by section 43 of the Social Welfare and Pensions Act 2010).”.