# The Personal Equity Plan Regulations 1989, Regulation 24: Information to be given to plan investor by plan manager


(1) Where under the terms of a plan a plan manager has discretion to purchase or sell investments he shall give to the plan investor once in every year a statement in writing of his reasons for–
(a) making a purchase or sale within, and
(b) retaining any investment throughout,
the period.
(2) A plan manager who makes a payment to a plan investor out of or in respect of which tax has been deducted shall, if the investor so requests in writing, furnish the investor with a statement in writing showing the gross amount of the payment, the amount deducted and the amount actually paid.
(3) On the transfer to a plan investor of a plan investment the plan manager shall provide for the investor details in writing of the market value on the date of transfer.

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Source: https://www.legislation.gov.uk/uksi/1989/469/regulation/24 (the official version)
Page: https://openlegislation.uk/personal-equity-plan-regulations-1989/regulation-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.