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Regulation 15 Reimbursement arrangements: provisions to be includedI1

United Kingdom Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

The provisions referred to in regulation 14(a) are that—

(a)

reimbursement for which the reimbursement arrangements provide will be made before the end of the period of 90 days beginning with the day on which the repayment to which it relates was made,

(b)

no deduction will be made from the relevant amount by way of a fee or charge (however expressed or effected),

(c)

reimbursement will be made in a manner specified in a notice published by the Commissioners,

(d)

any part of the relevant amount that is not reimbursed by the end of the period referred to in paragraph (a) will be repaid by a claimant to the Commissioners, and

(e)

any interest paid by the Commissioners on any relevant amount repaid by them will also be treated by a claimant in the same way as the relevant amount falls to be treated under paragraphs (a) to (d).

Annotations

Commencement

I1

Reg. 15 in force at 1.1.2027, see reg. 1(2)