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Article 23A Pension sharing ordersF1C1

(1)

For the purposes of this Order, a pension sharing order is an order which—

(a)

provides that one party's—

(i)

shareable rights under a specified pension arrangement, or

(ii)

shareable state scheme rights,

be subject to pension sharing for the benefit of the other party, and

(b)

specifies the percentage value to be transferred.

(2)

In paragraph (1)—

(a)

the reference to shareable rights under a pension arrangement is to rights in relation to which pension sharing is available under Chapter I of Part V of the Welfare Reform and Pensions (Northern Ireland) Order 1999 or under Chapter I of Part IV of the Welfare Reform and Pensions Act 1999, and

(b)

the reference to shareable state scheme rights is to rights in relation to which pension sharing is available under Chapter II of Part V of the Welfare Reform and Pensions (Northern Ireland) Order 1999, or under Chapter II of Part IV of the Welfare Reform and Pensions Act 1999, and

(c)

“party” means a party to a marriage.

Annotations

Textual amendments

F1

1999 NI 11

Modifications

C1

Art. 23A modified (14.8.2006) by Divorce etc. (Pension Protection Fund) Regulations (Northern Ireland) 2006 (S.R. 2006/310), reg. 4(2)