Schedule 42 - Trusts with vulnerable beneficiary

Part of Finance Bill – in a Public Bill Committee at 4:15 pm on 18 June 2013.

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Armed forces independence payment

7C A person is to be treated as a disabled person under paragraph 1(f) if he or she satisfies HMRC that he or she would be entitled to receive armed forces independence payment but for article 42 of the Armed Forces and Reserve Forces (Compensation Scheme) Order 2011 (S.I. 2011/517) (cessation of payment on admission to Royal Hospital, Chelsea).’.

Amendment 122, in schedule 42, page 495, line 5, at end insert—

(a) article 14 of the Personal Injuries (Civilians) Scheme 1983 (S.I. 1983/686), or

(b) ’.

Amendment 123, in schedule 42, page 495, line 12, at end insert—

‘“increased disablement pension” means an increase of disablement pension under—

(a) section 104 of SSCBA 1992, or

(b) section 104 of SSCB(NI)A 1992,’.

Amendment 124, in schedule 42, page 495, line 27, leave out from ‘arising’ to end of line 28 and insert

‘on or after 8 April 2013 under the will of a testator, if—

(i) the will was executed before 8 April 2013 and its provisions, so far as relating to the settlement, have not been altered on or after that date, or

(ii) the will was executed or confirmed on or after 8 April 2013 and its provisions, so far as relating to the settlement, are in the same terms as those contained in a will executed by the same testator before that date.

‘(2) In this Schedule a reference to a will includes a reference to a codicil.’.—(Sajid Javid.)