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5. After Article 26 there is inserted—
26A.—(1) On granting a decree of divorce or a decree of nullity of marriage or at any time thereafter (whether before or after the decree is made absolute), the court may, on an application made under this Article, make one or more pension sharing orders in relation to the marriage.
(2) A pension sharing order under this Article is not to take effect unless the decree on or after which it is made has been made absolute.
(3) A pension sharing order under this Article may not be made in relation to a pension arrangement which—
(a)is the subject of a pension sharing order in relation to the marriage, or
(b)has been the subject of pension sharing between the parties to the marriage.
(4) A pension sharing order under this Article may not be made in relation to shareable state scheme rights if—
(a)such rights are the subject of a pension sharing order in relation to the marriage, or
(b)such rights have been the subject of pension sharing between the parties to the marriage.
(5) A pension sharing order under this Article may not be made in relation to the rights of a person under a pension arrangement if there is in force a requirement imposed by virtue of Article 27B or 27C which relates to benefits or future benefits to which he is entitled under the pension arrangement.
26B.—(1) No pension sharing order may be made so as to take effect before the end of such period after the making of the order as may be prescribed by regulations made by the Lord Chancellor.
(2) Regulations under this Article shall be subject to annulment in pursuance of a resolution of either House of Parliament in like manner as a statutory instrument and section 5 of the Statutory Instruments Act 1946 shall apply accordingly.