s 69 Exemption from tax on interest on unpaid relevant contributions
(1) ITTOIA 2005 is amended as follows. (2) In section 369(3)(e) (exemptions from income tax charge on income), after “loans,” insert “ unpaid relevant contributions, ” . (3) After section 753 insert— Interest on unpaid relevant contributions (753A) (1) No liability to income tax arises in respect of interest paid in compliance with a requirement in a compliance notice or an unpaid contributions notice to pay interest in respect of unpaid relevant contributions. (2) In this section— “ compliance notice ” means a notice under section 35 of the Pensions Act; “ the Pensions Act ” means the Pensions Act 2008 or the Pensions (No.2) Act (Northern Ireland) 2008; “ unpaid contributions notice ” means a notice under section 37 of the Pensions Act; “ unpaid relevant contributions ” has the same meaning as in section 38(2)(a) of the Pensions Act.