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Regulation 13B Prohibition of early exit chargesF1

(1)

This regulation applies to a member of a relevant scheme who joined that scheme on or after 1st October 2017.

(2)

Service providers and trustees and managers of a relevant scheme must not impose an early exit charge, or permit such a charge to be imposed, on a member of the scheme to whom this regulation applies.

Annotations

Textual amendments

F1

Ch. 2 inserted (1.10.2017) by The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017 (S.I. 2017/774), regs. 1, 11