The Occupational and Personal Pension Schemes (General Levy) (Amendment) Regulations (Northern Ireland) 2008

Amendment of the Occupational and Personal Pension Schemes (General Levy) Regulations

2.—(1) The Occupational and Personal Pension Schemes (General Levy) Regulations (Northern Ireland) 2005(1) shall be amended in accordance with paragraphs (2) and (3).

(2) In regulation 5 (amount of the general levy: occupational pension schemes) for the Table substitute—

“TABLE

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		£33
12 to 99	£3∙35 x M
100 to 999	£2∙42 x M	£340
1,000 to 4,999	£1∙88 x M	£2,420
5,000 to 9,999	£1∙43 x M	£9,400
10,000 or more	£1∙00 x M	£14,300”.

(3) In regulation 6 (amount of the general levy: personal pension schemes) for the Table substitute—

“TABLE

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		£14
12 to 99	£1∙34 x M
100 to 999	£0∙94 x M	£140
1,000 to 4,999	£0∙81 x M	£940
5,000 to 9,999	£0∙54 x M	£4,050
10,000 or more	£0∙41 x M	£5,400”.

(1)

S.R. 2005 No. 92 as amended by S.R. 2006 No. 65