Source: http://www.legislation.gov.uk/nisi/1999/3147/part/V/chapter/II
Timestamp: 2018-11-18 15:48:22
Document Index: 563695529

Matched Legal Cases: ['art. 45', 'art. 2', 'art 1', 'Art. 46', 'Art. 46', 'art. 46', 'art. 46', 'art. 46', 'Art. 46', 'art. 46', 'Art. 46', 'Art. 46', 'Art. 46', 'art. 2', 'Art. 46', 'art. 2', 'Art. 47', 'Art. 48', 'art. 48', 'art. 48', 'art. 48', 'Art. 48']

CHAPTER IIN.I.SHARING OF STATE SCHEME RIGHTS
Activation of benefit sharingN.I.
45.—(1) [F6Article 46 or 46A applies where any of the following has taken effect in relation to a person's shareable state scheme rights] —
[F7(aa)a pension sharing order under Schedule 15 to the Civil Partnership Act 2004,]
[F7(ba)an order under Schedule 17 to the 2004 Act (financial relief in Northern Ireland after overseas dissolution etc. of a civil partnership) corresponding to such an order as is mentioned in paragraph (aa),]
F6Words in art. 45(1) substituted (16.7.2015 for specified purposes, 6.4.2016 unless brought into operation earlier by an order under s. 53(1) of the amending Act) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 10; S.R. 2015/307, art. 2(2)(k)
Creation of state scheme pension debits and credits [F8: transferor in old state pension system or pension sharing activated before 6 April 2016] N.I.
46.—[F9(A1) This Article applies if—
(2) Where the relevant order or provision specifies a percentage value to be transferred, the appropriate amount for the purposes of paragraph (1) is the specified percentage of the cash equivalent on the transfer day of the transferor's shareable [F10old] state scheme rights immediately before that day.
(b)the cash equivalent on the transfer day of the transferor's [F11shareable old] state scheme rights immediately before that day.
[F12(4) The Department may by regulations make provision for the calculation and verification of cash equivalents for the purposes of this Article.
[F13(5A) The fact that a person who reaches pensionable age on or after 6 April 2016 is not entitled to a pension of the kind mentioned in Article 44(2)(a) or (b) does not affect the calculation under this Article of the appropriate amount by reference to the transferor's prospective entitlement, immediately before the transfer day, to a pension of that kind.]
[F14“the relevant state pension legislation”—
in relation to a transferor or transferee in the new state pension system, means Part 1 of the Pensions Act (Northern Ireland) 2015;]
F8Art. 46 heading words inserted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 11(7)
F9Art. 46(A1)(1) substituted for art. 46(1) (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 11(2)
F10Word in art. 46(2) inserted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 11(3)
F11Words in art. 46(3)(b) substituted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 11(4)
F122000 c. 4 (NI)
F13Art. 46(5A) inserted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 11(5)
F14Words in art. 46(6) inserted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 11(6)
C1Art. 46 applied (6.4.2016) by The Pensions (2015 Act) (Pension Sharing on Divorce etc.) (Transitional Provision) Order (Northern Ireland) 2016 (S.R. 2016/99), arts. 1(1), 2(2)(a)
[F15Creation of debits and credits: transferor in new state pension system and sharing activated on or after 6 April 2016N.I.
F15Art. 46A inserted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 12
C2Art. 46A transitional provisions for effects of 2015 c. 5 (N.I.), Sch. 11 para. 12 (6.4.2016) by The Pensions (2015 Act) (Pension Sharing on Divorce etc.) (Transitional Provision) Order (Northern Ireland) 2016 (S.R. 2016/99), art. 2(1)
C3Art. 46A excluded (6.4.2016) by The Pensions (2015 Act) (Pension Sharing on Divorce etc.) (Transitional Provision) Order (Northern Ireland) 2016 (S.R. 2016/99), art. 2(2)(b)
Effect of state scheme pension debits and creditsN.I.
(2) F16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F16Art. 47(2) repealed (17.2.2005) by Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1)), arts. 1(3), 291, Sch. 9 para. 19, Sch. 11
48.— [F17(1)] In this Chapter—
[F18"shareable state scheme rights”, and related expressions, have the meaning given by Article 44;] and
[F19(2) For the purposes of this Chapter—
F17Art. 48(1): art. 48 renumbered as art. 48(1) (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 13(2)
F18Words in art. 48(1) substituted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 13(3)
F19Art. 48(2) inserted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 13(4)