Amount of the general levy: personal pension schemesE+W+S

7.—(1) The amount of the general levy payable for a financial year by virtue of regulation 3(2) in respect of a scheme with the number of members on the reference day that is specified [F1for that financial year in column (1) of the appropriate table in Part 2 of the Schedule] is—

(a)the amount specified for such a scheme in column 2 of the table (where M is the number of the scheme's members on the reference day); or

(b)if no amount is so specified or an amount which is greater is specified for such a scheme in column 3 of the table, the amount specified for such a scheme in column 3.

F2(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .