Regulation 20 Maximum penalty under section 10 of the 1995 Act
England, Wales and Scotland
Where section 10 of the 1995 Act (civil penalties) applies by virtue of F1section 93A(6) or section 99(7) of the 1993 Act, the maximum amount for the purposes of section 10(2) of the 1995 Act shall be £1,000 in the case of an individual and £10,000 in any other case.
Annotations
Textual amendments
- F1
Words in reg. 20 substituted (6.4.2015) by The Occupational and Personal Pension Schemes (Transfer Values) (Amendment and Revocation) Regulations 2015 (S.I. 2015/498), regs. 1(2), 7