Point in time view as at 05/12/2005.
Pension Schemes Act 1993, Section 159A is up to date with all changes known to be in force on or before 03 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)A person’s rights under a personal pension scheme cannot be forfeited by reference to his bankruptcy.
(2)For the purposes of this section—
(a)a person shall be treated as having a right under a personal pension scheme where—
(i)he is entitled to a credit under section 29(1)(b) of the Welfare Reform and Pensions Act 1999 (sharing of rights on divorce etc. [F2or on dissolution etc. of a civil partnership]),
(ii)he is so entitled as against the person responsible for the scheme (within the meaning of Chapter I of Part IV of that Act), and
(iii)the person so responsible has not discharged his liability in respect of the credit; and
(b)forfeiture shall be taken to include any manner of deprivation or suspension.]
Textual Amendments
F1S. 159A inserted (11.11.1999 for specified purposes, 6.4.2002 in so far as not already in force) by Welfare Reform and Pensions Act 1999 (c. 30), ss. 14(1), 89(5)(a); S.I. 2002/153, art. 2(d)
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