# The Occupational Pension Schemes (Charges and Governance) Regulations 2015, Regulation 4: Restrictions on charges


(1) Subject to regulations 9 and 10, the trustees or managers of a relevant scheme must not impose or permit to be imposed on a member of that scheme to whom this Part applies charges which—
(a) exceed the limits specified in this Part; or
(b) are of a description prohibited by this Part.
(2) With the exception of regulation 11, this Part applies—
(a) to a member of a relevant scheme to the extent of the value of that member’s rights under a default arrangement; and
(b) beginning with the date on which the first contribution to the default arrangement referred to in sub-paragraph (a) is received by the trustees or managers on or after the date on which this regulation comes into force.

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Source: https://www.legislation.gov.uk/ukdsi/2015/9780111128329/regulation/4 (the official version)
Page: https://openlegislation.uk/draft-occupational-pension-schemes-charges-and-governance-regulations-2015/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.