In this Chapter—

• “the Board” means the Board of the Pension Protection Fund;

• “PPF compensation” means compensation payable under the pension compensation provisions;

• “the pension compensation provisions” means—

  1. a

     Chapter 3 of Part 3 of the 2005 Order (pension protection) and any regulations or order made under it,

  2. b

     this Chapter and any regulations or order made under it, and

  3. c

     any provision corresponding to the provisions mentioned in paragraph (a) or (b) in force in Great Britain;

• “the relevant order or provision” means the pension compensation sharing order, or provision contained in a qualifying agreement, which gives rise to the pension compensation sharing;

• “the transfer day” means the day on which the relevant order or provision takes effect;

• “the transferee” means the person for whose benefit the relevant order or provision is made;

• “the transferor” means the person to whose rights the relevant order or provision relates.