Guernsey Scheme definition

Guernsey Scheme means a scheme of transfer in respect of the Guernsey Policies pursuant to section 44(1) of the Insurance Business (Bailiwick of Guernsey) Law, 2002;
Guernsey Scheme means the scheme of transfer referred to in paragraph 2.5(a);
Guernsey Scheme means a scheme for the transfer of the Guernsey Business

Examples of Guernsey Scheme in a sentence

  • It is hereby acknowledged and agreed that the following members of the Guernsey Scheme [*confidential treatment requested/material filed separately*] shall cease to be in pensionable service under that scheme with effect on and from the Completion Date [*confidential treatment requested/material filed separately*].


More Definitions of Guernsey Scheme

Guernsey Scheme means the scheme for the transfer of the insurance business made up of the Guernsey Policies, as well as any Transferred Business Assets and any Transferred Liability attributable to any Guernsey Policy, which scheme requires sanction by the Guernsey Order;
Guernsey Scheme means this scheme made pursuant to section 44 of the Insurance Business Law in its original form or with or subject to any modification, addition or condition which may be approved or imposed;
Guernsey Scheme means the scheme for the transfer of insurance business from the Transferor to the Transferee in respect of the Guernsey Policies under section 44(1)(c) of the Insurance Business (Bailiwick of Guernsey) Law, 2002;
Guernsey Scheme means the scheme of transfer referred to in paragraph 2.9.1;
Guernsey Scheme means this scheme in its original form, subject to any modification, addition or condition which may be approved or imposed in accordance with paragraph 5 below;
Guernsey Scheme means the scheme for the transfer of the insurance business made up of the Guernsey Policies, as well as any Transferred Business Assets and any Transferred Liability attributable to any Guernsey Policy, which scheme requires sanction by the Guernsey Order; “Her Majesty’s Treasury’s Sanctions List” means the consolidated list of financial sanctions targets published by Her Majesty’s Treasury; “Historic Tax Liability” means any liability to Tax that is referable to any event occurring, or profits or gains arising, in connection with the Business as carried on by any member of the Transferor Group prior to the Economic Effective Date, but not including any Tax the cost of which is borne directly or indirectly by policyholders; “HMT Sanctioned Policy” means any Policy which has a positive match on Her Majesty’s Treasury’s Sanctions List; “Included Tax Claim” means:
Guernsey Scheme means the Barings (Guernsey) Limited Pension Scheme;