4 Amendment of regulation 2 of the Employer Debt Regulations
1 Regulation 2 of the Employer Debt Regulations (interpretation) is amended as follows.
2 In paragraph (1)—
(a) after the definition of “employment-cessation event”, insert—

““flexible apportionment arrangement” means an arrangement that takes effect in accordance with regulation 6E;”

,
The definition of “employment-cessation event” was substituted by S.I. 2010/725.
(b) in the definition of “liability proportion”, for ““K/L”” substitute “K divided by L”, and
The definition of “liability proportion” was inserted by S.I. 2008/731.
(c) in the definition of “liability share”, for “of the total” substitute “multiplied by the total”.
The definition of “liability share” was inserted by S.I. 2008/731.
3 In paragraph (4A)—
(a) after “regulations 6B, 6C” insert “, 6E”,
(b) in sub-paragraph (a), after “the applicable time” insert “(or, in the case of a flexible apportionment arrangement, after the time that arrangement takes effect)”, and
(c) in sub-paragraph (b), after “under regulation 6B” insert “or a flexible apportionment arrangement under regulation 6E”.
Paragraphs (4A) and (4B) were inserted by S.I. 2008/731.
4 In paragraph (4B)—
(a) after “the applicable time”, insert “(or, in the case of a flexible apportionment arrangement, at the time that arrangement takes effect)”, and
(b) in the substituted paragraph (4A), after “regulations 6B, 6C” insert “, 6E”.