The Occupational and Personal Pension Schemes (Levy) Regulations (Northern Ireland) 1997

Payment of the general levy

4.—(1) The general levy shall be remitted to the Registrar who shall collect the same on behalf of the Department.

(2) The general levy shall, subject to paragraph (3), 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.

(3) In the case of a scheme to which regulation 2(5)(a) applies, the general levy shall be payable on the day on which the scheme becomes a registrable scheme.