- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Scottish Statutory Instruments
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 1985(1) and of all other powers enabling them in that behalf, hereby make the following Regulations:
1. These Regulations may be cited as the Divorce etc. (Pensions) (Scotland) Amendment Regulations 2007 and shall come into force on 6th April 2007.
2. (1) The Divorce etc. (Pensions) (Scotland) Regulations 2000(2) 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 Standards(3), and current at the date on which the request for valuation is received.”.
JOHANN M LAMONT
Authorised by the Scottish Ministers
St Andrew’s House,
27th February 2007
(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.
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).
S.S.I. 2000/112, to which there are amendments not relevant to these Regulations.
The Board for Actuarial Standards was set up by the Financial Reporting Council which can be contacted at Planning & Resources, 5th Floor, Aldwych House, 71 – 91 Aldwych, London, WC2B 4HN.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Executive Note sets out a brief statement of the purpose of a Scottish Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Scottish Statutory Instrument accessible to readers who are not legally qualified and accompany any Scottish Statutory Instrument or Draft Scottish Statutory Instrument laid before the Scottish Parliament from July 2005 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: