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The Divorce etc. (Pensions) (Scotland) Amendment Regulations 2007

S.S.I. 2007/122 · Made 27 February 2007

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

FAMILY LAW

Made 27th February 2007

Laid before the Scottish Parliament 1st March 2007

Coming into force 6th April 2007

The Scottish Ministers, in exercise of the powers conferred by section 10(8) and (8A) of the Family Law (Scotland) Act 1985f1 and of all other powers enabling them in that behalf, hereby make the following Regulations:

Annotations to the whole text

Footnotes

f1

1985 c. 37. Section 10(8) was inserted by the Pensions Act 1995 (c. 26), section 167(2)(b), and substituted by the Welfare Reform and Pensions Act 1999 (c. 30), paragraph 8(3) of Schedule 12; paragraph 8(4) of that Schedule inserted section 10(8A).

Contents

  1. 1Citation and commencement
  2. 2Amendment of the Divorce etc. (Pensions) (Scotland) Regulations 2000
  3. Signature
  4. Explanatory note

1Citation and commencement

These Regulations may be cited as the Divorce etc. (Pensions) (Scotland) Amendment Regulations 2007 and shall come into force on 6th April 2007.

2Amendment of the Divorce etc. (Pensions) (Scotland) Regulations 2000

(1)

The Divorce etc. (Pensions) (Scotland) Regulations 2000f1 are amended in accordance with the following paragraph.

(2)

For regulation 3(8)(b), substitute–

  • “are certified by an actuary to the person responsible for the pension arrangement in question as being consistent with “Retirement Benefit Schemes-Transfer Values (GN11)”, adopted or prepared, and from time to time revised, by the Board for Actuarial Standardsf2, and current at the date on which the request for valuation is received.”.

Signature

JOHANN M LAMONT

Authorised by the Scottish Ministers

St Andrew’s House,

Edinburgh

27th February 2007

Explanatory note

(This note is not part of the Regulations)

These Regulations update the reference to the Institute of Actuaries and the Faculty of Actuaries in regulation 3(8)(b) of the Divorce etc. (Pensions) (Scotland) Regulations 2000 in consequence of the transfer of the function of preparing and revising actuarial guidance on pensions matters from those bodies to the Board for Actuarial Standards.

A copy of the “Retirement Benefit Schemes – Transfer Values (GN11)” can be obtained from the Financial Reporting Council at Planning and Resources, 5th Floor, Aldwych House, 71 91 Aldwych, London, WC2B 4HN.