Clause 208 - Availability of individual's lifetime allowance

Finance Bill – in a Public Bill Committee at 2:45 pm on 17th June 2004.

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Amendment made: No. 325, in

clause 208, page 175, line 13, at end insert—

'(9) In this Part references (however expressed) to the portion of a person's lifetime allowance that is available at any time are to the portion of the person's lifetime allowance that would be available, calculated in accordance with this section, if a benefit crystallisation event occurred in relation to the person at that time.'.—[Ruth Kelly.]

Clause 208, as amended, ordered to stand part of the Bill.

Clauses 209 and 210 ordered to stand part of the Bill.