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The Occupational and Personal Pension Schemes (Levy) Regulations 1995
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- UK Statutory Instruments
- 1995 No. 524
- Regulation 4
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Payment of the levy
4.—(1) The levy shall be remitted to the registrar of occupational and personal pension schemes who shall collect the same on behalf of the Secretary of State.
(2) Subject to paragraph (3) of this regulation and to regulation 6 of these Regulations, the levy shall 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 within that year.
(3) In the case of a scheme to which regulation 2(4)(a) of these Regulations applies, the levy shall be payable at the time the trustees are required to supply the information to the registrar in accordance with regulation 4 of the Register Regulations.
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