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Contents

Legislation
Finance Act 2004

Crossheading Interpretation

  • Section 274A Power to split schemes
  • Section 275 Insurance company
  • Section 276 Relevant valuation factor
  • Section 277 Valuation assumptions
  • Section 278 Market value
  • Section 278A Disqualifying pension credits
  • Section 278B Annuities and scheme pensions: meaning of “related to”
  • Section 279 Other definitions
  • Section 280 Abbreviations and general index
  1. Interpretation
  2. Disqualifying pension credits

Section 278A | Disqualifying pension credits

From legislation.gov.uk

(1)For the purposes of this Part, a pension credit is “disqualifying” if, when the member becomes entitled to it, the person subject to the corresponding pension debit has an actual (rather than a prospective) right to payment of a pension under the relevant arrangement.

(2)The “relevant arrangement” is the arrangement to which the pension sharing order, or provision by virtue of which the member becomes entitled to the pension credit, relates.

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