The National Health Service Superannuation Scheme (Scotland) Regulations 2011 No. 117

PART V PENSION SHARING ON DIVORCE OR NULLITY OF MARRIAGE OR ON DISSOLUTION OR NULLITY OF A CIVIL PARTNERSHIP

PRELIMINARY PROVISIONS

SHARING OF RIGHTS

Pension sharing order activates pension sharing creating pension debits and credits

V3.  On the coming into effect of a pension sharing order—

(a) the transferor’s shareable rights under the Scheme become subject to a debit of the appropriate amount (“pension debit”(1)) as defined in regulation V4, and

(b) the transferee becomes entitled to a credit of that amount (“pension credit”(2)) as against the Scottish Ministers.

(1)

This definition is that in section 29(1)(a) of the 1999 Act and under corresponding Northern Ireland legislation.

(2)

This definition is that in section 29(1)(b) of the 1999 Act and under corresponding Northern Ireland legislation.