# The Occupational and Personal Pension Schemes (General Levy) (Amendment) Regulations 2017 (revoked)

S.I. 2017/203 · made 22 February 2017 · revised to 1 April 2021

These Regulations amend the Occupational and Personal Pension Schemes (General Levy) Regulations 2005. They substitute regulations 6(2) and 7(2) to specify the new figures that are to be used in calculating the rate at which the general levy is payable. The new figures apply for each financial year starting with the one which begins on 1st April 2017.

PDFs: Printed copy https://openlegislation.uk/occupational-and-personal-pension-schemes-general-levy-amendment-regulations-2017-revoked/pdf/uksi_20170203_en.pdf; UK Explanatory Memorandum https://openlegislation.uk/occupational-and-personal-pension-schemes-general-levy-amendment-regulations-2017-revoked/pdf/uksiem_20170203_en.pdf

## Introductory text

Pensions
Made 22nd February 2017
Laid before Parliament 1st March 2017
Coming into force 1st April 2017
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## 1 Citation and commencement

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## 2 Amendment of the Occupational and Personal Pension Schemes (General Levy) Regulations 2005

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## 3 Revocations

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## Signature

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## Explanatory note

(This note is not part of the Regulations)
These Regulations amend the Occupational and Personal Pension Schemes (General Levy) Regulations 2005. They substitute regulations 6(2) and 7(2) to specify the new figures that are to be used in calculating the rate at which the general levy is payable. The new figures apply for each financial year starting with the one which begins on 1st April 2017.
The purpose of the general levy is to meet the expenditure mentioned in section 175 of the Pension Schemes Act 1993. Specified occupational and personal pension schemes pay the general levy to fund the Pensions Regulator, the Pensions Advisory Service and the Pensions Ombudsman.
The effect of the changes is to leave the general levy rates unchanged for schemes with fewer than 500,000 members. A new rate for is introduced for schemes with 500,000 members or more which is 25% per member lower than the previously applicable rate.
These Regulations reduce costs for business and civil society organisations overall. An impact assessment has not been published for these Regulations as they amend an existing statutory levy regime and the associated administrative costs are negligible.

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Source: https://www.legislation.gov.uk/uksi/2017/203 (the official version)
Page: https://openlegislation.uk/occupational-and-personal-pension-schemes-general-levy-amendment-regulations-2017-revoked
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.