32Chief Commissioner to advise Monitor of final contribution amounts

32 Chief Commissioner to advise Monitor of final contribution amounts

32 Chief Commissioner to advise Monitor of final contribution amounts

(1) The Chief Commissioner must give the Monitor, in relation to each insurer liable for a contribution payable for a financial year in the final years of the scheme—

(a) a copy of the Chief Commissioner’s assessment of the final contribution amount for the insurer for the financial year, and

(b) information about the total amount of attributed charges of the insurer for the financial year, as disclosed in the return for the financial year lodged by the insurer under the Emergency Services Levy Act 2017.

(2) The Chief Commissioner must give the Monitor the information required under subsection (1) within 30 days after issuing a notice of assessment for the final contribution amount payable by an insurer for each financial year in the final years of the scheme.

(3) If the Chief Commissioner’s assessment of the final contribution amount for an insurer for the financial year is subject to an objection or review, the Chief Commissioner must—

(a) indicate that the assessment is subject to an objection or review, and

(b) advise the Monitor if the insurer’s final contribution amount is reassessed.

(4) The Chief Commissioner must give the Monitor any other information, in connection with an assessment, as the Monitor reasonably requires to exercise the Monitor’s functions under this Act.

(5) In this section—

total amount of attributed charges has the same meaning as in the Emergency Services Levy Act 2017, section 38(2).