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Penalties

9.  Where any trustee or manager of an occupational pension scheme fails, without reasonable excuse, to comply with any requirement imposed under regulation 6, 7 or 8, the Occupational Pensions Regulatory Authority may require that trustee or manager to pay within 28 days from the date of its imposition a penalty which shall not exceed—

(a)£200 in the case of an individual, and

(b)£1000 in any other case.