# The Occupational and Personal Pension Schemes (Levy) Regulations 1997, Regulation 3: Amount of the general levy


(1) The amount of the general levy payable in respect of each registration year shall be determined by reference to the total membership of a scheme.
(2) For the purposes of paragraph (1), the general levy shall—
(a) in the case of a registrable occupational pension scheme,except one which is approved under section 591(2)(h) of the Income and Corporation Taxes Act 1988 (discretionary approval), be calculated in accordance with Part I of the Schedule; and
(b) in the case of a registrable personal pension scheme,or a registrable occupational pension scheme which is approved under section 591(2)(h) of that Act, be calculated in accordance with Part II of the Schedule.

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Source: https://www.legislation.gov.uk/uksi/1997/666/regulation/3 (the official version)
Page: https://openlegislation.uk/occupational-and-personal-pension-schemes-levy-regulations-1997/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

