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Regulation 6 Amount of the general levy: occupational pension schemes

England, Wales and Scotland

(1)

The amount of the general levy payable for a financial year by virtue of regulation 3(1) in respect of a scheme with the number of members on the reference day that is specified F1for that financial year for that scheme in column (1) of the appropriate table in Part 1 of the Schedule is—

(a)

the amount specified for such a scheme in column 2 of the table (where M is the number of the scheme's members on the reference day); or

(b)

if no amount is so specified or an amount which is greater is specified for such a scheme in column 3 of the table, the amount specified for such a scheme in column 3.

F2(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations

Textual amendments

F1

Words in reg. 6(1) substituted (1.4.2021) by The Occupational and Personal Pension Schemes (General Levy) (Amendment) Regulations 2021 (S.I. 2021/214), regs. 1(1), 2(2)(a)

F2

Reg. 6(2) omitted (1.4.2021) by virtue of The Occupational and Personal Pension Schemes (General Levy) (Amendment) Regulations 2021 (S.I. 2021/214), regs. 1(1), 2(2)(b)