# The Pensions Act 2011(Transitional, Consequential and Supplementary Provisions) Regulations 2014, Regulation 18: Interpretation


In this Part—
“approved withdrawal arrangement”, “flexible apportionment arrangement”, “multi-employer scheme”, “regulated apportionment arrangement”, “scheme apportionment arrangement” and “withdrawal arrangement” have the same meaning as in regulation 2(1) of the Employer Debt Regulations (interpretation);
“the effective date” is the date by reference to which the assets of a scheme are valued and the amount of the scheme liabilities is calculated;
“employer” has the same meaning as in section 75 of the 1995 Act (deficiencies in the assets) and regulations 6 (multi-employer schemes: general) and 9 (frozen schemes and former employers) of the Employer Debt Regulations;
“the Employer Debt Regulations” means the Occupational Pension Schemes (Employer Debt) Regulations 2005; and
“share of the difference”, in relation to an employer participating in a multi-employer scheme, has the meaning given by regulation 2(1) of the Employer Debt Regulations (interpretation) and includes in particular an employer’s share under—
(a) a scheme apportionment arrangement;
(b) a withdrawal arrangement;
(c) a flexible apportionment arrangement;
(d) an approved withdrawal arrangement; and
(e) a regulated apportionment arrangement;

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111114568/regulation/18 (the official version)
Page: https://openlegislation.uk/draft-pensions-act-2011transitional-consequential-and-supplementary-provisions-regulations-2014/regulation-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.