[2B Variation of orders and settlements]

[2B  Variation of orders and settlements]

[(1)     The Lord Chancellor may by order enable a court which has made an order for periodical payments to vary the order in specified circumstances (otherwise than in accordance with section 2(5)(d)).

(2)     The Lord Chancellor may by order enable a court in specified circumstances to vary the terms on which a claim or action for damages for personal injury is settled by agreement between the parties if the agreement—

(a)     provides for periodical payments, and

(b)     expressly permits a party to apply to a court for variation in those circumstances.

(3)     An order under this section may make provision—

(a)     which operates wholly or partly by reference

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