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PAC code queries

Planning to move number for the 1st time and whilst I get the general idea I've got a couple of queries.
  1. Will my existing network charge me for the code? (Virgin PAYG, been with them a couple of years).
  2. Do I need to transfer the number across to a brand new, unused sim or can I transfer it to a sim I've already used on the new network (O2)?
Reason for asking is that I've got an existing O2 sim with a tariff and terms that I'd like to preserve but with the Virgin number. I've no idea if that's possible though!

Any help greatly appreciated.
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