Schedule 4 | Amendments Of Sections 25B To 25D Of The Matrimonial Causes Act 1973 | Welfare Reform And Pensions Act 1999 C30

SCHEDULE 4 Amendments of Sections 25B to 25D of the Matrimonial Causes Act 1973

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

SCHEDULE 4 Amendments of Sections 25B to 25D of the Matrimonial Causes Act 1973

Section 21

(1) Section 25B of the Matrimonial Causes Act 1973 is amended as follows.

(2) In subsection (1), for “scheme”, wherever occurring, there is substituted “arrangement”.

(3) Subsection (2) ceases to have effect.

(4) In subsection (3), for “scheme” there is substituted “arrangement”.

(5) In subsection (4)—

(a) for “scheme”, wherever occurring, there is substituted “arrangement”, and

(b) for “trustees or managers of” there is substituted “person responsible for”.

(6) For subsection (5) there is substituted—

“(5) The order must express the amount of any payment required to be made by virtue of subsection (4) above as a percentage of the payment which becomes due to the party with pension rights.”

(7) In subsection (6)—

(a) for “trustees or managers”, in the first place, there is substituted “person responsible for the arrangement”, and

(b) for “the trustees or managers”, in the second place, there is substituted “his”.

(8) In subsection (7)—

(a) for the words from “may require any” to “those benefits” there is substituted “has a right of commutation under the arrangement, the order may require him to exercise