# The Occupational and Personal Pension Schemes (Levy) Regulations 1997, Regulation 13: Penalties


Where any person fails, without reasonable cause, to comply with the requirement to pay a levy under regulation 2, 5 or 12 of these Regulations, the Regulatory Authority may require that person to pay, within 28 days, a penalty which shall—
(a) in the case of an individual, not exceed £1,000; and
(b) in any other case, not exceed £10,000.

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Source: https://www.legislation.gov.uk/uksi/1997/666/regulation/13 (the official version)
Page: https://openlegislation.uk/occupational-and-personal-pension-schemes-levy-regulations-1997/regulation-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.