Section 223(3)

“Management expenses” means expenses incurred, or expected to be incurred, by the scheme manager in connection with its functions under this Act other than those incurred— in paying compensation; as a result of any provision of the scheme made by virtue of section 215A(3) or (4), 216(3) or (4) or 217(1) or (6); under section 214B or 214D; under section 214E; under Part 15A.

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Source: legislation.gov.uk · retrieved 2026-09-04