PART 3PENSION COMPENSATION
CHAPTER 1PENSION COMPENSATION ON DIVORCE ETC.
I193“Implementation period”
1
For the purposes of this Chapter, the implementation period for a pension compensation credit is the period of 4 months beginning with the later of—
a
the transfer day, and
b
the first day on which the Board is in receipt of—
i
the relevant documents, and
ii
such information relating to the transferor and transferee as the Department may prescribe by regulations.
2
In subsection (1)(b)(i) “the relevant documents” means copies of—
a
the relevant order or provision, and
b
the order, decree or declarator responsible for the divorce, dissolution or annulment to which it relates.
3
Subsection (1) is subject to any provision made by regulations under section 95(2)(a).
4
The Department may by regulations—
a
make provision requiring the Board to notify the transferor and transferee of the day on which the implementation period for the credit begins;
b
provide for this section to have effect with modifications where the credit depends on a pension compensation sharing order and the order is the subject of an application for leave to appeal out of time.