SCHEDULES
SCHEDULE 5Financial relief: provision corresponding to provision made by Part 2 of the Matrimonial Causes Act 1973
Part 7Pension protection fund compensation etc.
Assumption of responsibility by the Board not to affect power of court to vary order etc.
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(1)
This paragraph applies where the court makes, in relation to an occupational pension scheme—
(a)
a pension sharing order, or
(b)
an order including provision made by virtue of paragraph 25(2) or (5).
(2)
If the Board subsequently assumes responsibility for the scheme, that does not affect—
(a)
the powers of the court under paragraph 51 to vary or discharge the order or to suspend or revive any provision of it;
(b)
on an appeal, the powers of the appeal court to affirm, reinstate, set aside or vary the order.