Paragraph 14B F1

(1)

A pension compensation sharing order is an order which—

(a)

provides that one civil partner's shareable rights to PPF compensation that derive from rights under a specified pension scheme are to be subject to pension compensation sharing for the benefit of the other civil partner, and

(b)

specifies the percentage value to be transferred.

(2)

Shareable rights to PPF compensation are rights in relation to which pension compensation sharing is available under—

(a)

Chapter 1 of Part 3 of the Pensions (No. 2) Act (Northern Ireland) 2008, or

(b)

Chapter 1 of Part 3 of the Pensions Act 2008.

(3)

In sub-paragraph (1) “specified” means specified in the order.

Annotations

Textual amendments

F1: Sch. 15 Pt. 3A inserted (6.4.2011) by Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13), ss. 98, 118, Sch. 5 para. 15 (as amended by The Northern Ireland Act 1998 (Devolution of Policing and Justice Functions) Order 2010 (S.I. 2010/976), art. 15(5), Sch. 18 para. 175 (with arts. 28-31)); S.R. 2011/108, art. 2(2), Sch.

Notes on Schedule 15

Modifications

C1: Sch. 15: functions transferred (12.4.2010) by The Northern Ireland Act 1998 (Devolution of Policing and Justice Functions) Order 2010 (S.I. 2010/976), art. 15(1), Sch. 17 para. 21(b) (with arts. 15(6), 28-31)