Amendment of Schedule 1 to the Employer Debt Regulations
This section has no associated Explanatory Memorandum
12. In the certificate in Schedule 1 to the Employer Debt Regulations (actuary’s certificate)(1)—
(a)in the definition of “liability proportion” in the Notes, for ““K/L”” substitute “K divided by L”, and
(b)in the definition of “liability share” in the Notes, for “of the total” substitute “multiplied by the total”.
(1)
Schedule 1 was substituted by S.I. 2008/731 and amended by S.I. 2010/725.