The Occupational and Personal Pension Schemes (Levy) Regulations 1997, SCHEDULE is up to date with all changes known to be in force on or before 01 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Regulations 3(2) and 6(2)
Textual Amendments
F1Sch. substituted by the Sch. to S.I. 1998/600 as from 1.4.98.
The amount of the general levy in the case of schemes to which regulation 3(2)(a) of these Regulations applies shall be calculated by reference to the following sub-paragraphs:—
(a)where the total membership of the scheme is at least 2 but not greater than 11, [F2£12.00];
(b)where the total membership of the scheme is at least 12 but not greater than 99, the amount calculated by multiplying [F3£1.25] by the total membership of the scheme;
(c)where the total membership of the scheme is at least 100 but not greater than 999, the greater of—–
(i)the amount calculated by multiplying [F490p] by the total membership of the scheme, or
(ii)[F5£125];
(d)where the total membership of the scheme is at least 1,000 but not greater than 4,999, the greater of—
(i)the amount calculated by multiplying [F670p] by the total membership of the scheme, or
(ii)[F7£900];
(e)where the total membership of the scheme is at least 5,000 but not greater than 9,999, the greater of—
(i)the amount calculated by multiplying 53p by the total membership of the scheme, or
(ii)[F8£3,500];
(f)where the total membership of the scheme is 10,000 or over, the greater of—
(i)the amount calculated by multiplying 35p by the total membership of the scheme, or
(ii)£5,300.
Textual Amendments
F2Amount in Sch. Pt 1, para. (a) substituted by reg. 3(1)(a) of S.I. 2000/542 as from 1.4.2000.
F3Amount in Sch. Pt 1, para. (b) substituted by reg. 3(1)(b) of S.I. 2000/542 as from 1.4.2000.
F4Amount in Sch. Pt 1, para. (c)(i) substituted by reg. 3(1)(c) of S.I. 2000/542 as from 1.4.2000.
F5Amount in Sch. Pt 1, para. (c)(ii) substituted by reg. 3(1)(d) of S.I. 2000/542 as from 1.4.2000.
F6Amount in Sch. Pt 1, para. (d)(i) substituted by reg. 3(1)(e) of S.I. 2000/542 as from 1.4.2000.
F7Amount in Sch. Pt 1, para. (d)(ii) substituted by reg. 3(1)(f) of S.I. 2000/542 as from 1.4.2000.
F8Amount in Sch. Pt 1, para. (e)(ii) substituted by reg. 3(1)(g) of S.I. 2000/542 as from 1.4.2000.
The amount of the general levy in the case of schemes to which regulation 3(2)(b) of these Regulations applies, shall be calculated by reference to the following sub-paragraphs:—
(a)where the total membership of the scheme is at least 2 but not greater than 11, [F9£5.20];
(b)where the total membership of the scheme is at least 12 but not greater than 99, the amount calculated by multiplying [F1050p] by the total membership of the scheme;
(c)where the total membership of the scheme is at least 100 but not greater than 999, the greater of—
(i)the amount calculated by multiplying [F1135p] by the total membership of the scheme, or
(ii)[F12£50];
(d)where the total membership of the scheme is at least 1,000 but not greater than 4,999, the greater of—
(i)the amount calculated by multiplying [F1330p] by the total membership of the scheme, or
(ii)[F14£350 ];
(e)where the total membership of the scheme is at least 5,000 but not greater than 9,999, the greater of—
(i)the amount calculated by multiplying [F1520p] by the total membership of the scheme, or
(ii)[F16£1,500];
(f)where the total membership of the scheme is 10,000 or over, the greater of—
(i)the amount calculated by multiplying [F1715p] by the total membership of the scheme, or
(ii)[F18£2,000].
Textual Amendments
F9Amount in Sch. Pt 2, para. (a) substituted by reg. 3(2)(a) of S.I. 2000/542 as from 1.4.2000.
F10Amount in Sch. Pt 2, para. (b) substituted by reg. 3(2)(b) of S.I. 2000/542 as from 1.4.2000.
F11Amount in Sch. Pt 2, para. (c)(i) substituted by reg. 3(2)(c) of S.I. 2000/542 as from 1.4.2000.
F12Amount in Sch. Pt 2, para. (c)(ii) substituted by reg. 3(2)(d) of S.I. 2000/542 as from 1.4.2000.
F13Amount in Sch. Pt 2, para. (d)(i) substituted by reg. 3(2)(e) of S.I. 2000/542 as from 1.4.2000.
F14Amount in Sch. Pt 2, para. (d)(ii) substituted by reg. 3(2)(f) of S.I. 2000/542 as from 1.4.2000.
F15Amount in Sch. Pt 2, para. (e)(i) substituted by reg. 3(2)(g) of S.I. 2000/542 as from 1.4.2000.
F16Amount in Sch. Pt 2, para. (e)(ii) substituted by reg. 3(2)(h) of S.I. 2000/542 as from 1.4.2000.
F17Amount in Sch. Pt 2, para. (f)(i) substituted by reg. 3(2)(i) of S.I. 2000/542 as from 1.4.2000.
F18Amount in Sch. Pt 2, para. (f)(ii) substituted by reg. 3(2)(j) of S.I. 2000/542 as from 1.4.2000.
The maximum amount per member of the compensation levy is 23p.]
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