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Paragraph 11 Applicable trust deed and rules governing the RMPP and members when calculating the liabilities of the RMPPI1I2

United Kingdom

In the above calculations, liabilities of the RMPP must be determined by reference to the trust deed and rules governing the RMPP and membership as follows—

(a)

RMPP FL′ECI2I3 will be calculated by reference to the RMPP Cut-Off Date Rules. The calculation will be based on liabilities in respect of all members of the RMPP at the end of Interim Calculation Date 3; and

(b)

RMPP FLEC will be calculated by reference to the RMPP Cut-Off Date Rules. The calculation will be based on liabilities in respect of all members of the RMPP at the end of the Cut-Off Date; and

(c)

RMPP LCI2I1 will be calculated by reference to the Amended RMPP Rules. The calculation will be based only on liabilities in respect of members of the RMPP who are active members at the end of Interim Calculation Date 1; and

(d)

RMPP LCEE will be calculated by reference to the Amended RMPP Rules. The calculation will be based only on liabilities in respect of members of the RMPP who are active members at the end of the Effective Date.

Annotations

Commencement

I1

Sch. 1 para. 11 not in force at made date, see art. 1(2)

I2

Sch. 1 para. 11 in force at 1.4.2012 by S.I. 2012/966, arts. 2, 3(b)