Amendment of the 2005 Regulations with effect from 1st April 2016
This section has no associated Explanatory Memorandum
4. For regulation 6(2) of the 2005 Regulations substitute—
“(2) This is the table for the administration levy for the financial year ending with 31st March 2017—
Column 1 Number of members on the reference day | Column 2 Amount of levy calculated by reference to number of members (M) | Column 3 Minimum amount of levy |
|---|---|---|
| 2 to 11 | £42 | |
| 12 to 99 | £4.24 multiplied by M | |
| 100 to 999 | £3.06 multiplied by M | £420 |
| 1,000 to 4,999 | £2.38 multiplied by M | £3,060 |
| 5,000 to 9,999 | £1.80 multiplied by M | £11,900 |
| 10,000 or more | £1.26 multiplied by M | £18,000”. |