# THE FRIENDLY SOCIETIES (GENERAL CHARGE AND FEES) REGULATIONS 1999, Paragraph 1


The sum specified in this Schedule is the sum determined by the formula
A×B where
A 0.435/100, and
B the specified income for the year ended 31st December 1998 as determined in accordance with paragraphs 2 to 4 below provided that
(a) where the resultant sum exceeds £36,000, the sum is £36,000; and
(b) where the resultant sum is less than £300, the sum is £300.

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Source: https://www.legislation.gov.uk/uksi/1999/736/schedule/1/paragraph/1 (the official version)
Page: https://openlegislation.uk/friendly-societies-general-charge-and-fees-regulations-1999/schedule-1/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.