Payment of the compensation levy
7.—(1) The compensation levy shallF1... be payable in advance at the beginning of each registration year and no additional levy or refund shall be payable in respect of any change taking place during that year.
F2(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1 Words in reg. 7(1) omitted by reg. 2(7)(a) of S.I. 1998/600 as from 1.4.98
F2Reg. 7(2) omitted by reg. 2(7)(b) of S.I. 1998/600 as from 1.4.98
Modifications etc. (not altering text)
C1Regs. 5-8 applied (1.10.2000) by The Stakeholder Pension Schemes Regulations 2000 (S.I. 2000/1403), regs. 1(2), 32, Sch. 2