Section 77
Three-year estimates of income and expenditure
of Deposit Insurance and Policy Owners’ Protection Schemes Act 2011
ActIn forceProvision 84 of 107
Section 77
Amended by31/201831/201831/2018
(1)
The Agency must before the start of every period of 3 consecutive financial years beginning 1 April 2019, prepare or cause to be prepared estimates of income and expenditure of the DI Fund, the PPF Life Fund, the PPF General Fund and the Agency for the 3 ensuing financial years.
Amended by31/2018
(2)
The Agency must also prepare or cause to be prepared a supplementary estimate for any financial year where the estimates prepared under subsection (1) are insufficient.
Amended by31/2018
(3)
All estimates mentioned in subsections (1) and (2) must be presented to the Minister for his or her approval.
Amended by31/2018