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SOCIAL SECURITY PENSIONS (NORTHERN IRELAND) ORDER 1975 - SECT 49

49.(1) Where a person is entitled or prospectively entitled to a guaranteed
minimum pension under an occupational pension scheme and the person's
entitlement is in respect of his or another person's service in employment
which was contracted-out by reference to that scheme

(a)every assignment of or charge on that pension; and

(b)every agreement to assign or charge that pension,

(2) Paragraph (1) has effect whether or not the assignment, charge or
agreement was made at a time when the employment was contracted-out employment
or the scheme was a contracted-out scheme in relation to the employment.

(3) On the bankruptcy of a person who is entitled or prospectively entitled as
mentioned in paragraph (1), any guaranteed minimum pension the assignment of
which is or would be made void by that paragraph shall not pass to any trustee
or other person acting on behalf of his creditors.

(4) The reference in paragraph (3) to a person's bankruptcy shall be read as
including the vesting of a person's estate and effects in the official
assignee under section 349 of the Irish Bankrupt and Insolvent Act 1857.

© 1975 Crown Copyright

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