PART 4Pension compensation sharing and qualifying agreements (Scotland)

Prescribed form of provision corresponding to provision which may be made by a pension compensation sharing order7

For the purposes of section 109(g)(ii) of the Act, the form of a provision corresponding to provision which may be made by a pension compensation sharing order, and which is contained in a qualifying agreement between the parties to a marriage or the partners in a civil partnership, is that the provision must include—

a

in relation to the transferor, the information specified in regulation 9(1)(a);

b

in relation to the transferee, the information specified in regulation 9(1)(b);

c

details of—

i

the amount to be transferred to the transferee, or

ii

the percentage of the cash equivalent of the relevant compensation which is to be transferred to the transferee;

d

details of provision about the apportionment between the transferor and transferee (if any) of charges imposed by the Board in accordance with regulation 18(1);

e

confirmation by the transferor that the Board has been sent notification that a qualifying agreement is to be made, and that the Board has acknowledged receipt of that notification.