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The Occupational Pension Schemes (Transfer Values) Regulations (Northern Ireland) 1996
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- 1996 No. 619
- Part VII
- Regulation 20
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Maximum penalty under Article 10
20. Where Article 10 (civil penalties) applies by virtue of section 89A(4)(1) or 95(7)(2), the maximum amount for the purposes of Article 10(2) shall be £1,000 in the case of an individual and £10,000 in any other case.
(1)
Section 89A was inserted by Article 149 of the Pensions (Northern Ireland) Order 1995
(2)
Section 95(7) was added by paragraph 8(e) of Schedule 4 to the Pensions (Northern Ireland) Order 1995
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