Scheme Liabilities definition
Scheme Liabilities all employer and employee contributions, payments and other sums due from the Admission Body to the Administering Authority under the Admission Agreement or the Regulations in respect of the current or former Eligible Employees or otherwise;
Scheme Liabilities means LFSL's Liabilities in respect of the Scheme Claims.
Scheme Liabilities means a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to accept deposits or to effect and carry out contracts of general insurance; or a person who does not require permission under that Act to accept deposits, by way of business, in the United Kingdom. shall mean the amount assessed by the Fund Actuary as representing the exit and other payments arising on termination, employer and employee contributions and associated benefits, cessation deficits, other deficits or losses to the Fund; all other sums (including interest payable under the Regulations) which are due and payable by the Admission Body and which arise from the admission of persons to the Fund under the Admission Agreement and in each case whether they arise under the express provisions of the Admission Agreement, the Regulations or subsequent governing regulations.
Examples of Scheme Liabilities in a sentence
The sum of [amount] pounds sterling (£) is properly due in respect of the Scheme Liabilities.
If any payment made by the Guarantor exceeds the amount required to discharge the Scheme Liabilities the Administering Authority shall refund any overpayment to the Guarantor.
More Definitions of Scheme Liabilities
Scheme Liabilities at any time, means the aggregate value of the liabilities of the Scheme at that time as calculated by the Responsible Entity in accordance with Clause 15.0 of the Constitution.
Scheme Liabilities all employer and employee contributions payments and other sums due from the Admission Body to the Fund under the Admission Agreement or the Regulations (including for the avoidance of doubt any revised contribution(s) due when the Admission Agreement ceases to have effect).
Scheme Liabilities means any liabilities of the local authority that were incurred (whether solely or partially) for the purposes of any land drainage
Scheme Liabilities all employer and employee contributions, payments and
Scheme Liabilities all employer and employee contributions, “Transferee Admission Agreement”
Scheme Liabilities means any liabilities of the local authority that were incurred (whether solely or 30 partially) for the purposes of any land drainage scheme or water-race scheme proposed to be transferred under this Part of this Act and, without