sec.27Disbursement of gross premiums by transport administration

### sec.27 Disbursement of gross premiums by transport administration Transport administration must in each week— give the commission a return setting out, for the previous week— the total amount received by way of insurance premiums; and the total amount received by way of insurer’s premium for each licensed insurer; and the amount received by way of statutory insurance scheme levy; and the amount received by way of hospital and emergency services levy; and the amount received by way of Nominal Defendant levy; and the amount received by way of the injury insurance scheme levy; and the amount received by way of administration fee; and pay to each licensed insurer the total amount received by way of insurer’s premium for the licensed insurer; and pay to the commission the total amount received by way of levies, other than amounts received by way of the injury insurance scheme levy. Transport administration must also in each week— give the insurance agency a return setting out, for the previous week, the amount received by way of the injury insurance scheme levy; and pay to the insurance agency the total amount received by way of the injury insurance scheme levy. For subsections (1) (c) and (2) (b) , the total amount received by way of levy includes any amount received from a licensed insurer for transmission to the commission or the insurance agency. Transport administration may retain the amount received by way of administration fee. s 27 sub 2000 No. 17 s 15 amd 2016 No. 34 s 176 (sec.27-ssec.1) Transport administration must in each week— give the commission a return setting out, for the previous week— the total amount received by way of insurance premiums; and the total amount received by way of insurer’s premium for each licensed insurer; and the amount received by way of statutory insurance scheme levy; and the amount received by way of hospital and emergency services levy; and the amount received by way of Nominal Defendant levy; and the amount received by way of the injury insurance scheme levy; and the amount received by way of administration fee; and pay to each licensed insurer the total amount received by way of insurer’s premium for the licensed insurer; and pay to the commission the total amount received by way of levies, other than amounts received by way of the injury insurance scheme levy. (sec.27-ssec.2) Transport administration must also in each week— give the insurance agency a return setting out, for the previous week, the amount received by way of the injury insurance scheme levy; and pay to the insurance agency the total amount received by way of the injury insurance scheme levy. (sec.27-ssec.3) For subsections (1) (c) and (2) (b) , the total amount received by way of levy includes any amount received from a licensed insurer for transmission to the commission or the insurance agency. (sec.27-ssec.4) Transport administration may retain the amount received by way of administration fee. - (a) give the commission a return setting out, for the previous week— (i) the total amount received by way of insurance premiums; and (ii) the total amount received by way of insurer’s premium for each licensed insurer; and (iii) the amount received by way of statutory insurance scheme levy; and (iv) the amount received by way of hospital and emergency services levy; and (v) the amount received by way of Nominal Defendant levy; and (vi) the amount received by way of the injury insurance scheme levy; and (vii) the amount received by way of administration fee; and - (i) the total amount received by way of insurance premiums; and - (ii) the total amount received by way of insurer’s premium for each licensed insurer; and - (iii) the amount received by way of statutory insurance scheme levy; and - (iv) the amount received by way of hospital and emergency services levy; and - (v) the amount received by way of Nominal Defendant levy; and - (vi) the amount received by way of the injury insurance scheme levy; and - (vii) the amount received by way of administration fee; and - (b) pay to each licensed insurer the total amount received by way of insurer’s premium for the licensed insurer; and - (c) pay to the commission the total amount received by way of levies, other than amounts received by way of the injury insurance scheme levy. - (i) the total amount received by way of insurance premiums; and - (ii) the total amount received by way of insurer’s premium for each licensed insurer; and - (iii) the amount received by way of statutory insurance scheme levy; and - (iv) the amount received by way of hospital and emergency services levy; and - (v) the amount received by way of Nominal Defendant levy; and - (vi) the amount received by way of the injury insurance scheme levy; and - (vii) the amount received by way of administration fee; and - (a) give the insurance agency a return setting out, for the previous week, the amount received by way of the injury insurance scheme levy; and - (b) pay to the insurance agency the total amount received by way of the injury insurance scheme levy.