[(1) This section applies where either regulator exercises its power to make general rules so as to make rules prohibiting persons, or persons of a specified description, from being remunerated in a specified way.
(2) The rules may—
(a) provide that any provision of an agreement that contravenes such a prohibition is void, and
(b) provide for the recovery of any payment made, or other property transferred, in pursuance of a provision that is void by virtue of paragraph (a).
(3) A provision that, at the time the rules are made, is contained in an agreement made
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