[342E Orders under section 339 or 340 in respect of pension-sharing transactions]

[342E  Orders under section 339 or 340 in respect of pension-sharing transactions]

[(1)     This section and section 342F apply if the court is making an order under section 339 or 340 in a case where—

(a)     the transaction or preference is, or is any part of, a pension-sharing transaction, and

(b)     the transferee has rights under a pension arrangement (“the destination arrangement”, which may be the shared arrangement or any other pension arrangement) that are derived, directly or indirectly, from the pension-sharing transaction.

(2)     Without prejudice to the generality of section 339(2) or 340(2), or of section 342, the order may include provision—

(a)     requiring the person responsible for the destination arrangement to pay an amount to the transferor's

Powered by Lexis+®

Popular documents