Simon Harris (Wicklow, Fine Gael) | Oireachtas source

I move amendment No. 39:

In page 38, to delete lines 9 to 16 and substitute the following:“ “(1A) Where the provisions of section 787R(2A) apply and a transfer amount has been applied, then—
(a) where the transfer arrangement is the relevant pension arrangement of the relevant member, the subsequent administrator, within 3
months from—
(i) the end of the month in which the benefit crystallisation event giving rise to the chargeable excess tax occurs where, at the date
of that event, the non-member is in receipt of a pension payable from the transfer arrangement,
(ii) the end of the month in which a sum representing the nonmember’s accrued rights under the transfer arrangement (in this paragraph referred to as the ‘first-mentioned arrangement’) is transferred (in whole or in part) to another relevant pension arrangement, or
(iii) the end of the month in which the non-member’s retirement benefit under the first-mentioned arrangement crystallises,
or
(b) where the transfer arrangement is not the relevant pension arrangement of the relevant member and the subsequent administrator has received a certificate referred to in section 787R(3B), the subsequent administrator, within 3 months from—
(i) the end of the month in which the subsequent administrator receives the certificate where, at the date of receipt of the
certificate, the non-member is in receipt of a pension payable from the transfer arrangement,
(ii) the end of the month in which a sum representing the nonmember’s accrued rights under the transfer arrangement (in this paragraph referred to as the ‘first-mentioned arrangement’) is transferred (in whole or in part) to another relevant pension arrangement, or
(iii) the end of the month in which the non-member’s retirement benefit under the first-mentioned arrangement crystallises,
or
(c) where—
(i) the fund administrator has received a certificate or copy certificate referred to in section 787R(3C), the fund administrator within 3 months from the end of the month in which the certificate or copy certificate is received, or
(ii) the fund administrator and the administrator of the pension arrangement in respect of which the benefit crystallisation event
giving rise to the chargeable excess tax arises, are the same person, the fund administrator within 3 months from the end of the month in which the benefit crystallisation event occurs,”.