Explanatory note
(This note is not part of the Regulations)
These Regulations provide for the apportionment of the value of pension protection fund compensation payable under the Pensions Act 2004 (c. 35) which constitutes matrimonial property for the purposes of the Family Law (Scotland) Act 1985 (c. 37). Provision is made apportioning the value of such compensation in accordance with the period of time a party to a marriage or civil partnership has both been in the marriage or civil partnership and entitled to such compensation as a proportion of the total period of time that person has had the entitlement to compensation.