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Regulation 15 Forms and fees for registration of a scheme

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The appropriate Agency shall provide a copy of any form referred to in regulation 12 free of charge to any person requesting one.

(2)

The fee which is to be charged by an appropriate Agency on an application for registration of a scheme, and under regulation 14, is calculated as follows—

A×B=F

where—

  • A is the number of members of the scheme at the date of the application, or the date of compliance with regulation 14, whichever is applicable,

  • B is an amount calculated by reference to the number of members of the scheme at that date as follows—

    2 to 500 members£600
    501 to 1500 members£450
    1501 to 3000 members£300
    Over 3000 members£100, and
  • F is the fee.

(3)

The fee which is to be paid by an operator of a scheme in compliance with the condition referred to in regulation 13(c) is calculated as follows—

A×B=AF

where—

  • A is the number of new members of the scheme which are the subject of the notification,

  • B is the amount referred to in B in paragraph (2) above except that it is calculated by reference to the number of members of the scheme at the date of notification to the appropriate Agency, and

  • AF is the fee.