Where to start with an Australian legal problem: plain-English guides, with the legislation and case law behind them.

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Where to start with an Australian legal problem: plain-English guides, with the legislation and case law behind them.

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Financial Institutions Supervisory Levies Collection Act 1998

26BLiability to levy

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Turn the raw legal text into a practical explanation grounded in Financial Institutions Supervisory Levies Collection Act 1998.

26B Liability to levy

(1) An ADI is liable to pay a levy imposed on the ADI’s liabilities to its depositors.

(2) A general insurer is liable to pay a levy imposed on the gross premiums received by the general insurer.

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Section 26B - Financial Institutions Supervisory Levies Collection Act 1998 - Liability to levy | Zoe