Regulation 13 Meaning of “the levies” in Part 4

(1)

In this Part “the levies” means the administration levy, F1the pension protection levyF2... and the initial levy.

(2)

But that is subject to regulation 14(3) F3or, as the case may be, 15(7).

Annotations

F1: Words in reg. 13(1) inserted (1.4.2006) by Occupational Pension Schemes (Levies) (Amendment) Regulations 2006 (S.I. 2006/935), regs. 1(1), 2(5)(a)
F2: Words in reg. 13(1) omitted (1.4.2007) by virtue of Occupational Pension Schemes (Levies) (Amendment) Regulations 2007 (S.I. 2007/994), regs. 1(3), 2(8)
F3: Words in reg. 13(2) added (1.4.2006) by Occupational Pension Schemes (Levies) (Amendment) Regulations 2006 (S.I. 2006/935), regs. 1(1), 2(5)(b)