The Spartan and the Terminator Veteran will both be given a standard load-out.
Neither opponent is named, so plot protection and 'he's too lucky to die' will not protect either opponent from dying.
This is a 1v1, no backup and no assistance.
If you are unfamiliar with Space Marine Terminators, i would advise you to study up on them instead of just answering Spartan 2 without thinking it over.
I imagine Spartan 2s are 'well known' here, and as such i will provide no link.
Here is a link, for study on Terminators.
http://warhammer40k.wikia.com/wiki/Terminators
Spartan 2s loadout.
[spoiler]Mk. VI Mjölnir Power Armor
Assault Rifle
Magnum-Not CE
Combat Knife[/spoiler]
Terminator Veterans Loadout.
[spoiler]Tactical Dreadnought Power Armour (Indomitus Pattern)
Storm Bolter
Power Fist
[/spoiler]
Edit 1.
73 for Terminator
27 for Spartan 2
Edit 2.
66 Terminator
34 Spartan 2
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What edition magnum?