REC 3.9 Fees and incentive schemes
The purpose of REC 3.9.2 R is to enable the FCA 1to obtain information on changes to standard tariffs for matters such as membership and trading and of any scheme introduced by the UK recognised body for rebating or waiving fees or charges. A UK recognised body is not required to inform the FCA 1of fees or charges for which the UK recognised body does not charge according to a standard tariff.
11A UK recognised body must give the FCA 1a summary of:
12If the proposed change is to introduce, amend or renew a scheme for rebating or waiving fees or charges, the summary referred to in REC 3.9.2R(1) must be given in the form specified in REC 3 Annex 1R.