In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 · 2020 Revised Edition · Part 8 · Levies for Ppf Scheme
43. Refund of levies, etc., paid in excess
Feedback & support(1)
Where it appears to the Authority that a PPF Scheme member has paid any levy or additional levy in excess of the amount payable under this Act, the Authority must notify the Agency accordingly.
(2)
Upon receipt of the notification referred to in subsection (1), the Agency must refund to the PPF Scheme member the amount of levy or additional levy paid in excess.
Agency
Defined · s 2
“Agency” means the company designated by the Minister under section 56 to be the deposit insurance and policy owners’ protection fund agency;