Section 11 | Effect Of Bankruptcy On Pension Rights: Approved Arrangements | Welfare Reform And Pensions Act 1999 C30

11 Effect of bankruptcy on pension rights: approved arrangements

Welfare Reform and Pensions Act 1999 (1999 c 30) | Legislation

Pensions and bankruptcy

11 Effect of bankruptcy on pension rights: approved arrangements

(1) Where a bankruptcy order is made against a person on a [bankruptcy application made or] petition presented after the coming into force of this section, any rights of his under an approved pension arrangement are excluded from his estate.

(2) In this section “approved pension arrangement” means—

[(a) a pension scheme registered under section 153 of the Finance Act 2004;]

(b) . . .

(c) [an occupational pension scheme] set up by a government outside the United Kingdom for the benefit, or primarily for the benefit, of its employees;

(d) . . .

(e) . . .

(f) . . .

[(g) an annuity purchased for the purpose of giving effect to rights under a scheme falling within paragraph (a), including an annuity in payment before 6th April 2006, giving effect to rights under any scheme approved—

(i) before that date under Chapters 1, 3 or 4 of Part 14 of the Taxes Act; or

(ii) any relevant statutory scheme, as defined in section 611 of that Act;]

(h) any pension arrangements of any description which may be prescribed