Section 227C | Meaning of “money-purchase input sub-total”

(1)The money-purchase input sub-total is the total of—

(a)the pension input amounts in respect of each money purchase arrangement relating to the individual under a registered pension scheme of which the individual is a member (see section 229(2)(a) and (b)), and

(b)the pension input amounts in respect of each hybrid arrangement—

(i)relating to the individual under a registered pension scheme of which the individual is a member, and

(ii)in respect of which the pension input amount is input amount A , AA or B mentioned in section 237.

(2)Subsection (1) is to be read with—

(a)Repealed

(b)section 227F(2), (3) and (5) (pension input periods that end in the tax year and contain the day on which rights are first flexibly accessed).

(3)Subsection (1)(b) is to be read with—

(a)section 227B(5) (hybrid arrangements where input amount C is highest-equal input amount), and

(b)section 227D (pension input amounts for certain hybrid arrangements).