Paragraph 1 DefinitionsI1I2

In this Schedule—

• “C” means the Cut-Off Date (31 March 2012);

• “E” means the Effective Date (31 March 2012);

• “F” means the Final Transfer Date;

• “Interim Calculation Date 1” or “I1” means 30 September 2011;

• “Interim Calculation Date 2” or “I2” means 31 January 2012;

• “Interim Calculation Date 3” or “I3” means 31 March 2011;

• “Market Value Adjustment 1” or “MVA1” has the meaning given in paragraphs 5 and 6;

• “Market Value Adjustment 2” or “MVA2” has the meaning given in paragraphs 5 and 7;

• “RMPP Cut-Off Date Rules” has the meaning given in Schedule 1 of the Benefits Order^f1;

• “RMPP A_x” means the audited value of the assets of the RMPP (determined in accordance with paragraphs 3 and 4) as at a particular date X (being a date before the Interim Transfer is made);

• “RMPP A′_x” means the estimated value of the assets of the RMPP (determined in accordance with paragraphs 3 and 4) as at a particular date X (being a date before the Interim Transfer is made);

• “RMPP L_SAM” means the liabilities of the RMPP (determined in accordance with paragraph (2)) where—

  • “S” represents the date up to and including which members’ service is measured for the calculation;

  • “A” represents the date as at which the financial assumptions are to be determined for the purpose of the calculation;

  • “M” represents the date of the membership (but not service) and salary data to be used in the liability calculation;

• “RMPP FL_XY” means the funding level of the RMPP, which is calculated as—

  $$\genfrac{}{}{0.1ex}{}{RMPP{A}_X}{RMPP{L}_{YXX}}$$

• (where Y, X, and X have the role of S, A and M respectively by reference to the definition of RMPP L_SAM);

• “RMPP FL′_XYZA” means the estimated funding level of the RMPP, which is calculated as—

  $$\genfrac{}{}{0.1ex}{}{RMPP{A^{\prime }}_X}{RMPP{L}_{YZA}\times MVA1}$$

• (where Y, Z and A have the role of S, A and M respectively by reference to the definition of RMPP L_SAM);