Income Tax (Earnings and Pensions) Act 2003 section 620

Meaning of "House of Commons Members' Fund"

Section 620 defines the term "House of Commons Members' Fund" as used in the chapter dealing with pension income from that fund.

• The section provides a formal definition of the "House of Commons Members' Fund" for the purposes of the pension income chapter.
• The fund referred to is the specific fund named in section 1 of the House of Commons Members' Fund Act 2016.
• This definition ensures that any reference to the House of Commons Members' Fund within the chapter points to one clearly identified fund established by statute.
• The definition was updated by the House of Commons Members' Fund Act 2016, which replaced the earlier 1939 Act reference.