Regulation 6
Late payment fee
of Insurance (Web Aggregator Fees) Regulations 2015
Subsidiary LegislationIn forceProvision 6 of 7
Regulation 6
Where a direct life insurer fails to pay an annual participation fee or an ad hoc fee within the time set out in regulation 4(3) or 5(4), as the case may be, the Authority may impose the late payment fee specified in the Third Schedule.