Regulation 3 Amendment of the 2005 Regulations with effect from 1st April 2015

For regulation 6(2)^f1 of the 2005 Regulations (the amount payable) substitute—

“(2)

This is the table for the administration levy for the financial year ending with 31st March 2016—

Column 1 Number of members on the reference day	Column 2 Amount of levy calculated by reference to number of members (M)	Column 3 Minimum amount of levy
2 to 11		£36
12 to 99	£3.68 multiplied by M
100 to 999	£2.65 multiplied by M	£370
1,000 to 4,999	£2.07 multiplied by M	£2,650
5,000 to 9,999	£1.57 multiplied by M	£10,350
10,000 or more	£1.09 multiplied by M	£15,700

”.