# Pension Schemes Act 1993, Section 159A: No forfeiture on bankruptcy of rights under personal pension schemes.


(1) A person’s rights under a personal pension scheme cannot be forfeited by reference to his bankruptcy.
(2) For the purposes of this section—
(a) a person shall be treated as having a right under a personal pension scheme where—
(i) he is entitled to a credit under section 29(1)(b) of the Welfare Reform and Pensions Act 1999 (sharing of rights on divorce etc. or on dissolution etc. of a civil partnership),
(ii) he is so entitled as against the person responsible for the scheme (within the meaning of Chapter I of Part IV of that Act), and
(iii) the person so responsible has not discharged his liability in respect of the credit; and
(b) forfeiture shall be taken to include any manner of deprivation or suspension.

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Source: https://www.legislation.gov.uk/ukpga/1993/48/section/159A (the official version)
Page: https://openlegislation.uk/pension-schemes-act-1993/section-159A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

