# The Occupational and Personal Pension Schemes (General Levy) Regulations 2005, Regulation 12: Penalties


(1) If any person fails without reasonable cause to comply with the requirement—
(a) to pay the general levy under these Regulations; or
(b) to pay any amount required to be paid under regulation 11,
the Regulatory Authority may require that person to pay a penalty within 28 days.
(2) In the case of an individual, that penalty must not exceed £1,000.
(3) In the case of any other person, that penalty must not exceed £10,000.

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Source: https://www.legislation.gov.uk/uksi/2005/626/regulation/12 (the official version)
Page: https://openlegislation.uk/occupational-and-personal-pension-schemes-general-levy-regulations-2005/regulation-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

