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.