PART IIIFINANCIAL RELIEF FOR PARTIES TO MARRIAGE AND CHILDREN OF FAMILY
Financial provision and property adjustment orders
F1Pension sharing ordersC123A
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.