The Pension Protection Fund (Pension Compensation Sharing and Attachment on Divorce etc) Regulations 2011
These Regulations implement the provisions of Chapter 1 and (in part) Chapter 2 of Part 3 of the Pensions Act 2008 (c. 30) (‘the Act’), which permit the courts to make pension compensation sharing orders and attachment orders in relation to Pension Protection Fund compensation in proceedings related to divorce, dissolution of a civil partnership, or in cases of annulment. In Scotland, it will also be possible for pension compensation to be shared by means of a provision in a qualifying agreement. Pension compensation sharing and attachment orders may be made in relation to the shareable rights to pension compensation of a Pension Protection Fund member (‘member’) by the Board of the Pension Protection Fund (‘the Board’) in accordance with Chapter 1 of Part 3 of the Act (pension compensation on divorce etc.), Chapter 3 of Part 2 of the Pensions Act 2004 (c. 35) (pension protection) (‘the 2004 Act’) and, in Northern Ireland, any corresponding provision.