Regulation 4 Amendment of the 2005 Regulations with effect from 1st April 2016

In regulation 6 of the 2005 Regulations (the amount payable) for paragraph (2) substitute—

“(2)
This is the table for the administration levy for the financial year ending with 31st March 2017—

Column 1 Column 2 Column 3
Number of members on the reference day Amount of levy calculated by reference to number of members (M) Minimum amount of levy

2 to 11 £42
12 to 99 £4∙24 x M
100 to 999 £3∙06 x M £420
1,000 to 4,999 £2∙38 x M £3,060
5,000 to 9,999 £1∙80 x M £11,900
10,000 or more £1∙26 x M £18,000

”.

Column 1	Column 2	Column 3
Number of members on the reference day	Amount of levy calculated by reference to number of members (M)	Minimum amount of levy
2 to 11		£42
12 to 99	£4∙24 x M
100 to 999	£3∙06 x M	£420
1,000 to 4,999	£2∙38 x M	£3,060
5,000 to 9,999	£1∙80 x M	£11,900
10,000 or more	£1∙26 x M	£18,000