# The Occupational Pension Schemes (Fraud Compensation Levy) (Amendment) Regulations 2022, Regulation 3: Amendment of the Occupational Pension Schemes (Fraud Compensation Levy) Regulations 2006


In regulation 3(3) of the Occupational Pension Schemes (Fraud Compensation Levy) Regulations 2006 (the fraud compensation levy), for sub-paragraph (b) substitute—
“(b) not exceed—
(i) in the case of a scheme which is authorised by the Regulator under section 5 of the Pension Schemes Act 2017 (decision on application), 65 pence per member, and
(ii) in any other case, £1.80 per member.”

---
Source: https://www.legislation.gov.uk/uksi/2022/259/regulation/3 (the official version)
Page: https://openlegislation.uk/occupational-pension-schemes-fraud-compensation-levy-amendment-regulations-2022/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.