Certain Retirement Accounts or Products. Pension schemes registered with HMRC under Part 4 of the Finance Act 2004, and non registered pension arrangements where the annual contributions are limited to £50,000 and funds contributed cannot be accessed before the age of 55 except in circumstances of serious ill health. Those that are UK-registered pension arrangements (including authorised payments) as set out in the Finance Act 2004 that are excluded from the definition of Financial Account pursuant to Article 1.r)(3) of the Agreement. Immediate Needs Annuities qualifying as such under Section 725 Income Tax (Trading and Other Income) Act 2005.
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Samples: Non Reporting Financial Institutions and Exempt Products, Annex Ii
Certain Retirement Accounts or Products. Pension schemes registered with HMRC under Part 4 of the Finance Act 2004, and non registered pension arrangements where the annual contributions are limited to £50,000 and funds contributed cannot be accessed before the age of 55 except in circumstances of serious ill health. Those that are UK-registered pension arrangements (including authorised payments) as set out in the Finance Act 2004 that are excluded from the definition of Financial Account pursuant to Article 1.r)(31(r)(3) of the Agreement. Immediate Needs Annuities qualifying as such under Section 725 Income Tax (Trading and Other Income) Act 2005.
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Certain Retirement Accounts or Products. Pension schemes registered with HMRC under Part 4 of the Finance Act 2004, and non registered pension arrangements where the annual contributions are limited to £50,000 and funds contributed cannot be accessed before the age of 55 except in circumstances of serious ill health. Those that are UK-registered pension arrangements (including authorised payments) as set out in the Finance Act 2004 that are excluded from the definition of Financial Account pursuant to Article 1.r)(3) of the Agreement. Immediate Needs Annuities qualifying as such under Section 725 Income Tax (Trading and Other Income) Act 2005.
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Samples: Annex Ii
