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Paragraph 9 Calculation of Estimated Final Transfer AmountI1I2

United Kingdom

The Estimated Final Transfer Amount is dependent on the Estimated RMPP Funding Level as at the Effective Date (RMPP FL′ECI2I3) and must be determined as follows—

  • If (RMPP FL′ECI2I3) ≤100% then—

    • Estimated Final Transfer Amount = [RMPP A′E – RMPP LCI2I1 x MVA1 – Interim Transfer Amount]

  • If RMPP FL′ECI2I3 > 100% then—

    • Estimated Final Transfer Amount = [(RMPP A′E) – (RMPP LCI2I1 x MVA1 x RMPP FL′ECI2I3) – Interim Transfer Amount]

Annotations

Commencement

I1

Sch. 1 para. 9 not in force at made date, see art. 1(2)

I2

Sch. 1 para. 9 in force at 1.4.2012 by S.I. 2012/966, arts. 2, 3(b)