Schedule 4: additional pension etc: minor and consequential amendments Part 3: Pension compensation Chapter 1: Pension compensation on divorce etc. Section 113: Reduction of compensation
292.This section provides for the reduction of the transferor’s pension compensation payments by the percentage specified in the pension compensation sharing order (or qualifying agreement). Subsection (3)(b) provides for the calculation of a percentage, where, in Scotland, the order or agreement has specified an amount.