Types of financial orders
Maintenance Financial Provisions Orders – s23 Property Order for Sale – s24A Pensions Sharing Orders –
Pending suit s22 Adjustment Order – s24B
MCA s24
This is a ‘income’ Periodical Payments: s23(1)(a) This is an order This is an order for one party to sell A pension sharing order can
order. MCA (PP’s paid to a spouse) transferring property specific property they are beneficially be made so that a part of one
s8(3) CSA (PP’s paid to a child) from one spouse to entitled to. spouse’s pension can be paid
Interim order for s23(1)(d) MCA (PP’s paid to the another, or to a child – to the other spouse.
other party to make spouse which is caring for child s24(1)(a) This is a Capital order which will only
payments to the on the child’s behalf) be made once the court has Under s24B MCA
applicant. This is a capital order made one of the following orders: These enable the court to
This is an income order A secured PP divide the pension rights
Only worth doing if It can relate to any A lump sum between the parties at
applicant has no Regular payment to the Applicant. property A property adjustment the time of the divorce
means and onerous (house/car/shares…) order
responsibilities. Can be specified to last till Order cannot take effect until This is a capital order.
death/remarriage of recipient decree absolute.
It will terminate on spouse or a specified event such as The actual sale will not take place
the obtaining of the when the child leaves home (term until a specified event has
decree absolute. order) occurred / period has expired
(example: once essential work
has been done on it)
Will be awarded
based on needs of
the parties.
Can be applied for pre
Form E / filing petition
Lump Sum Order: s23(1)(c) – if A pension sharing
going to spouse / s23(1)(f) – if in compensation order can also
favour of a child. be made – s24B
This is a capital order This is a capital order
Two reasons for making the Order: It will be awarded to a
To adjust the final division of the party who will be
parties’ assets – Lump Sums are compensated for the loss
Maintenance Financial Provisions Orders – s23 Property Order for Sale – s24A Pensions Sharing Orders –
Pending suit s22 Adjustment Order – s24B
MCA s24
This is a ‘income’ Periodical Payments: s23(1)(a) This is an order This is an order for one party to sell A pension sharing order can
order. MCA (PP’s paid to a spouse) transferring property specific property they are beneficially be made so that a part of one
s8(3) CSA (PP’s paid to a child) from one spouse to entitled to. spouse’s pension can be paid
Interim order for s23(1)(d) MCA (PP’s paid to the another, or to a child – to the other spouse.
other party to make spouse which is caring for child s24(1)(a) This is a Capital order which will only
payments to the on the child’s behalf) be made once the court has Under s24B MCA
applicant. This is a capital order made one of the following orders: These enable the court to
This is an income order A secured PP divide the pension rights
Only worth doing if It can relate to any A lump sum between the parties at
applicant has no Regular payment to the Applicant. property A property adjustment the time of the divorce
means and onerous (house/car/shares…) order
responsibilities. Can be specified to last till Order cannot take effect until This is a capital order.
death/remarriage of recipient decree absolute.
It will terminate on spouse or a specified event such as The actual sale will not take place
the obtaining of the when the child leaves home (term until a specified event has
decree absolute. order) occurred / period has expired
(example: once essential work
has been done on it)
Will be awarded
based on needs of
the parties.
Can be applied for pre
Form E / filing petition
Lump Sum Order: s23(1)(c) – if A pension sharing
going to spouse / s23(1)(f) – if in compensation order can also
favour of a child. be made – s24B
This is a capital order This is a capital order
Two reasons for making the Order: It will be awarded to a
To adjust the final division of the party who will be
parties’ assets – Lump Sums are compensated for the loss
