A hydraulically actuated continuously variable transmission (1) with two pulleys (5, 6), a drive belt (4) in frictional contact with these pulleys (5, 6) and a control device that includes at least two pressure chambers (8, 9) that are both associated with one pulley (6) and that are arranged such that a clamping force (Fs) that is exerted on the drive belt (4) by that one pulley (6) during operation of the transmission 1 is determined by the difference between the two pressures (Pline, Pcomp) that are respectively exerted therein and that are respectively actively controlled by a respective pressure control valve (13; 40) of the control device.