Administrative expensesU.K.
This section has no associated Explanatory Memorandum
16. Any administrative expenses incurred by the authorised provider by virtue of acting as such under these Regulations may be defrayed, to the extent agreed by the scheme manager, out of the realisable value of any investments made by the authorised provider in respect of the AVC member under regulation 11.
Commencement Information
I1Reg. 16 in force at 1.4.2017 in accordance with reg. 1