redemption charge
an amount levied by the operator 72 of a scheme 72 upon the redemption 72 of units 72 , in the case of an authorised fund 72 under COLL 6.7.7R (Charges on buying and selling units) or, if relevant in relation to a long-term asset fund, COLL 15.8.15GR (Charges on buying and selling units)219.