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11. In relation to a partially guaranteed scheme, Article 2 (general interpretation) applies as if there were inserted the following definitions at the appropriate alphabetical places –
““eligible scheme” has the meaning given by Article 110;
“partially guaranteed scheme” means an eligible scheme in respect of which a relevant public authority has –
given a guarantee in relation to –
any part of the scheme;
any benefits payable under the scheme rules; or
any members of the scheme; or
made any other arrangements for the purposes of securing that the assets of the scheme are sufficient to meet any part of its liabilities;
“relevant public authority” has the meaning given by Article 280(4);
“unsecured part” means any part of a partially guaranteed scheme –
in respect of which no guarantee has been given by a relevant public authority;
which relates to benefits payable under the scheme in respect of which –
no such guarantee has been given, and
no other arrangements as are mentioned in Article 280(3)(b) have been made.”.
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