Regulation 12 Amendments to the principal Regulations

In regulation 24 for paragraph (1) there shall be substituted—

“(1)

Where arrangements of a kind referred to in regulation 10 are in force, a plan manager shall give notice to the plan investor in each year following the year in which those arrangements were first entered into that the plan investor may not subscribe to any other general plan, or as the case may be any other single company plan, in that year.”