Matrimonial Causes Act 1973 (c. 18)

Part II E+W Financial Relief for Parties to Marriage and Children of Family

Financial provision and property adjustment orders E+W

[F1 21B Pension compensation sharing orders E+W

(1) For the purposes of this Act, a pension compensation sharing order is an order which—

(a) provides that one party's shareable rights to PPF compensation that derive from rights under a specified pension scheme are to be subject to pension compensation sharing for the benefit of the other party, and

(b) specifies the percentage value to be transferred.

(2) In subsection (1)—

(a) the reference to shareable rights to PPF compensation is to rights in relation to which pension compensation sharing is available under Chapter 1 of Part 3 of the Pensions Act 2008 or under corresponding Northern Ireland legislation;

(b) “ party ” means a party to a marriage;

(c) “ specified ” means specified in the order. ]

Textual Amendments

F1 Ss. 21B, 21C inserted (6.4.2011) by Pensions Act 2008 (c. 30), s. 149(1), Sch. 6 para. 2; S.I. 2011/664, art. 2(3), Sch. Pt. 2