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FINANCIAL INSTITUTIONS SUPERVISORY LEVIES COLLECTION ACT 1998

FINANCIAL INSTITUTIONS SUPERVISORY LEVIES COLLECTION ACT 1998


TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title  
   2.      Commencement  
   3.      Act binds the Crown  
   4.      External Territories  
   5.      Application of Act to Lloyd's  
   6.      Definitions  

   PART 2--SUPERVISORY--LEVIES

   7.      Definitions  
   8.      Liability to levy  
   9.      When levy due for payment  
   10.     Late payment penalty  
   11.     Payment of levy and late payment penalty  
   12.     Waiver of levy and late payment penalty  
   13.     Recovery of levy and late payment penalty  
   14.     Exempting laws ineffective  
   15.     Regulations may modify this Part if levy Act commences during a financial year  

   PART 3--SUPERANNUATION--(FINANCIAL ASSISTANCE FUNDING) LEVY

   16.     Definitions  
   17.     Fund's accounts to be prima facie evidence of value of its assets  
   18.     Liability to levy  
   19.     When levy due for payment  
   20.     Late payment penalty  
   21.     Payment of levy and late payment penalty  
   22.     Waiver of late payment penalty  
   23.     Recovery of levy and late payment penalty  
   24.     Application of levy, late payment penalty and repayments of financial assistance  
   25.     Exempting laws ineffective  
   26.     Delegation  

   PART 3A--FINANCIAL--CLAIMS SCHEME LEVIES

   26A.    Definitions  
   26B.    Liability to levy  
   26C.    When levy due for payment  
   26D.    Late payment penalty  
   26E.    Payment of levy and late payment penalty  
   26F.    Waiver of levy and late payment penalty  
   26G.    Recovery of levy and late payment penalty  
   26H.    Exempting laws ineffective  

   PART 3B--PRIVATE--HEALTH INSURANCE COLLAPSED INSURER LEVY

   26J.    Definitions  
   26K.    Liability to levy  
   26L.    When levy due for payment  
   26M.    Late payment penalty  
   26N.    Payment of levy and late payment penalty  
   26P.    Waiver of levy and late payment penalty  
   26Q.    Recovery of levy and late payment penalty  
   26R.    Exempting laws ineffective  

   PART 4--MISCELLANEOUS

   27.     Review of certain decisions  
   28.     Statements to accompany notification of decisions  
   29.     Regulations