Search Legislation

Welfare Reform and Pensions Act 1999

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Section 47

 Help about opening options

Changes to legislation:

There are currently no known outstanding effects for the Welfare Reform and Pensions Act 1999, Section 47. Help about Changes to Legislation

47 Shareable state scheme rights.E+W+S

This section has no associated Explanatory Notes

(1)Pension sharing is available under this Chapter in relation to a person’s shareable state scheme rights.

[F1(1A)For the purposes of this Chapter, a person's shareable state scheme rights are—

(a)the person's shareable old state scheme rights;

(b)the person's shareable new state scheme rights.]

(2)For the purposes of this Chapter, a person’s shareable [F2old] state scheme rights are—

(a)his entitlement, or prospective entitlement, to a Category A retirement pension by virtue of section 44(3)(b) of the Contributions and Benefits Act (F3... additional pension), and

(b)his entitlement, or prospective entitlement, to a pension under section 55A [F4or 55AA] of that Act (shared additional pension).

[F5(3)For the purposes of this Chapter, a person's shareable new state scheme rights are the person's entitlement, or prospective entitlement, to the excess amount in a state pension under section 4 of the Pensions Act 2014.

(4)The excess amount”, in relation to a state pension under section 4 of the Pensions Act 2014, means any amount by which the rate of the pension exceeds the full rate of the state pension (see section 3 of that Act).

(5)In determining the rate of a state pension under section 4 of the Pensions Act 2014 for the purposes of this Chapter, ignore Schedule 6 to that Act (reduced rate elections: effect on rate of section 4 pension).]

Textual Amendments

F1S. 47(1A) inserted (6.4.2016 unless brought into force earlier by an order under s. 56(1) of the amending Act) by Pensions Act 2014 (c. 19), s. 56(4), Sch. 11 para. 10(2)

F2Word in s. 47(2) inserted (6.4.2016 unless brought into force earlier by an order under s. 56(1) of the amending Act) by Pensions Act 2014 (c. 19), s. 56(4), Sch. 11 para. 10(3)(a)

F3Words in s. 47(2)(a) omitted (12.10.2015) by virtue of Pensions Act 2014 (c. 19), s. 56(1), Sch. 15 para. 14; S.I. 2015/1475, art. 3(b)

F4Words in s. 47(2)(b) inserted (6.4.2016 unless brought into force earlier by an order under s. 56(1) of the amending Act) by Pensions Act 2014 (c. 19), s. 56(4), Sch. 11 para. 10(3)(b)

F5S. 47(3)-(5) inserted (6.4.2016 unless brought into force earlier by an order under s. 56(1) of the amending Act) by Pensions Act 2014 (c. 19), s. 56(4), Sch. 11 para. 10(4)

Modifications etc. (not altering text)

Commencement Information

I1S. 47 wholly in force at 1.12.2000; s. 47 in force for certain purposes at Royal Assent see s. 89(1); s. 47 in force at 1.12.2000 insofar as not already in force by S.I. 2000/1047, art. 2(2)(d), Sch. Pt. IV

Back to top

Options/Help