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Section 277: Consent orders: pensions

Proceeds of Crime Act 2002 · 2002 c. 29View on legislation.gov.uk

Part 5: Civil recovery of the proceeds etc. of unlawful conduct — Chapter 2: Civil recovery in the High Court or Court of Session

This section applies where recoverable property to which proceedings under this Chapter relate includes rights under a pension scheme.

An order made under section 276—

may not stay (in Scotland, sist) the proceedings on terms that the rights are vested in any other person, but
may include provision imposing the following requirement, if the trustees or managers of the scheme are parties to the agreement by virtue of which the order is made.

The requirement is that the trustees or managers of the pension scheme—

make a payment in accordance with the agreement, and
give effect to any other provision made by virtue of this section in respect of the scheme.

The trustees or managers of the pension scheme have power to enter into an agreement in respect of the proceedings on any terms on which an order made under section 276 may stay (in Scotland, sist) the proceedings.

The following provisions apply in respect of an order under section 276, so far as it includes the requirement mentioned in subsection (3).

The order overrides the provisions of the pension scheme to the extent that they conflict with the requirement.

The order may provide for the recovery by the trustees or managers of the scheme (whether by deduction from any amount which they are required to pay in pursuance of the agreement or otherwise) of costs incurred by them in—

complying with the order, or
providing information, before the order was made, to the enforcement authority, receiver appointed under section 245E, PPO receiver, interim receiver or interim administrator.

Sections 273(5) and 274 (read with section 275) apply as if the requirement were included in an order made by virtue of section 273(2).

Section 275(4) to (7) has effect for the purposes of this section.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.