Retirement Savings Accounts Regulations 1997

PART 1 - PRELIMINARY  

SECTION 1.08AA  

1.08AA   COMMUTATION OF MARKET LINKED PENSION - LIMITED PERIOD FOR FULL COMMUTATION  

For the purposes of subparagraph 1.07A(3A)(e)(iva) , this regulation applies to a commutation of a benefit if:

(a)    the commutation occurs during the 5 years beginning on the day this regulation commences; and

(b)    the whole of the benefit is commuted.