Annuities Purchased Where Certain Claims or Actions are Settled

Part of New clause 13 – in the House of Commons at 4:20 pm on 3rd April 1995.

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(3) Subsection (4) below applies where—

  1. (a) a person receives a sum as the annuitant under an annuity purchased for him pursuant to a qualifying agreement, or
  2. (b) a person receives a sum on behalf of the annuitant under an annuity purchased for the annuitant pursuant to a qualifying agreement.