Oireachtas Joint and Select Committees
Wednesday, 19 November 2014
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2014: Committee Stage (Resumed)
11:20 am
Simon Harris (Wicklow, Fine Gael) | Oireachtas source
I move amendment No. 21:
In page 31, to delete lines 17 to 24 and substitute the following:“ “ ‘subsequent administrator’ means the administrator of the transfer arrangement under which the non-member remains entitled to a
retirement benefit under the arrangement or in respect of which the non-member’s retirement benefit under the arrangement has crystallised;”,
“ ‘transfer arrangement’ means a relevant pension arrangement—
(a) to which a transfer amount has been applied to provide a retirement benefit for or in respect of a non-member and includes the relevant pension arrangement of the relevant member where a retirement benefit for or in respect of the non-member is provided under that arrangement of the same actuarial value as the transfer amount, or
(b) to which a sum representing the non-member’s accrued rights under an arrangement referred to in paragraph (a) has been transferred, or
subsequently transferred;”,”.
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