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Contents

Long Title

Part I PRELIMINARY

Part II DEPOSIT INSURANCE SCHEME

Part III DEPOSIT INSURANCE FUND

Part IV PREMIUM CONTRIBUTIONS FOR DI SCHEME

Part V COMPENSATION UNDER DI SCHEME

Part VI POLICY OWNERS’ PROTECTION SCHEME

Part VII POLICY OWNERS’ PROTECTION LIFE FUND AND POLICY OWNERS’ PROTECTION GENERAL FUND

Part VIII LEVIES FOR PPF SCHEME

Part IX COMPENSATION AND USE OF PPF LIFE FUND AND PPF GENERAL FUND

Part X deposit insurance AND POLICY OWNERS’ PROTECTION FUND AGENCY

Part XI OFFENCES

Part XII FINANCIAL AND AUDIT PROVISIONS

Part XIII MISCELLANEOUS

FIRST SCHEDULE Insured deposit and Maximum DI Coverage

SECOND SCHEDULE Categories of insured policies

THIRD SCHEDULE Protected liabilities

FOURTH SCHEDULE Protection ratio

FIFTH SCHEDULE Provisions applicable to the holding and payment of compensation by the Public Trustee to persons entitled to payment of compensation under this Act

SIXTH SCHEDULE Financial provisions with respect to DI Fund, PPF Life Fund and PPF General Fund

SEVENTH SCHEDULE Financial provisions with respect to Agency

Legislative History

Comparative Table

 
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Related Subsidiary Legislation | Legislative History | Amendment Annotation off
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On 19/05/2013, you requested for the version in force on 19/05/2013 incorporating all amendments published on or before 19/05/2013. The closest version currently available is that of 18/04/2013.
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Levies payable by PPF Scheme members
37.
—(1)  Every PPF Scheme member shall, from the effective date appointed under section 46(5), pay a levy for any premium year or part thereof in respect of the insured policies issued by the PPF Scheme member.
(2)  Subject to the provisions of this Act, the levy shall be of such amount as may be computed by the Authority under section 38.
(3)  The premium year for the PPF Scheme shall be such period as may be prescribed in regulations made under subsection (4).
(4)  The Authority may make regulations for the purpose of prescribing the premium year.