Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 · 2020 Revised Edition · Part 8 · Levies for Ppf Scheme
39. Notice of payment of levy
Feedback & supportWhere the Authority has computed the amount of levy payable by any PPF Scheme member for any premium year or part thereof under section 38(2), the Authority must notify the Agency accordingly.
Upon receipt of the notification referred to in subsection (1), the Agency must, within a reasonable time prior to the date on which the PPF Scheme member is required to pay its levy under the PPF Scheme for that premium year or part thereof, give the PPF Scheme member written notice of the amount of levy payable and the date by which such levy must be paid.
Agency
“Agency” means the company designated by the Minister under section 56 to be the deposit insurance and policy owners’ protection fund agency;