# The Occupational and Personal Pension Schemes (Levy) Regulations 1997, Regulation 7: Payment of the compensation levy


(1) The compensation levy shall... be payable in advance at the beginning of each registration year and no additional levy or refund shall be payable in respect of any change taking place during that year.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/uksi/1997/666/regulation/7 (the official version)
Page: https://openlegislation.uk/occupational-and-personal-pension-schemes-levy-regulations-1997/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.