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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2014 - onwards
  Version 3 of 3    

787P. Maximum tax-relieved pension fund.

(1) An individual's maximum tax-relieved pension fund shall not exceed -

(a) the standard fund threshold, or

(b) the personal fund threshold, where -

(i) the conditions set out in subsection (2) are met and the Revenue Commissioners have issued a certificate in accordance with subsection (7) or a revised certificate in accordance with subsection (8), or

(ii) the Revenue Commissioners have issued an earlier certificate.

(2) The conditions referred to in subsection (1)(b)(i) are -

(a) that the individual requests and obtains from the administrator of each relevant pension arrangement of which he or she is a member a statement -

(i) certifying the amount of the crystallised or, as the case may be, uncrystallised pension rights in respect of the arrangement on the specified date, in relation to the individual (in this subsection referred to as the 'individual's pension rights'), calculated in accordance with the provisions of this Chapter and Schedule 23B,

(ii) where the arrangement is a d

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