relevant net premium income

1. (1) (in relation to business which is not occupational pension fund management business) the premium income in respect of protected contracts of insurance of a firm; or
1. (2) (in relation to occupational pension fund management business) the remuneration retained by a firm in relation to its carrying on occupational pension fund management business

in the year preceding that in which the date for submission of the information under COMP 13.6.11R falls, net of any relevant rebates or refunds.420