Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698752771771.pdf (New Zealand)
Accident Insurance (Regulator’s Funding Levy) Regulations 2001 (SR 2001/407) Pursuant to section 406 of the Accident Insurance Act 1998, Her Excellency the Governor­General, acting on the advice and with the consent of the Executive Council, makes the following regulations.

1 2 3 4 5 1 2 3 Contents Title Commencement Interpretation Rate of Regulator’s funding levy Payment of levy Page 1 1 1 2 2 Title These regulations are the Accident Insurance (Regulator’s Funding Levy) Regulations 2001.
Commencement These regulations come into force on the day after the date of their notiﬁcation in the Gazette.

Interpretation In these regulations, Act means the Accident Insurance Act 1998.

Note These regulations are administered in the Department of Labour.
1 r 4 4 (1) (2) 5 Accident Insurance (Regulator’s Funding Levy) Regulations 2001 Reprinted as at 3 September 2007 Rate of Regulator’s funding levy The rate of the levy payable by every insurer under section 236 of the Act for the ﬁnancial year ending on 30 June 2001 is $0.176 per $1,000 of outstanding liability for claims under accident insurance contracts.

The levy is exclusive of GST payable on the levy.


Payment of levy The levy is payable by an insurer to the Regulator within 10 days after the insurer receives from the Regulator a notice that the levy is payable.

Marie Shroff, Clerk of the Executive Council.

Explanatory note This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on the day after the date of their notiﬁcation in the Gazette,— •• specify the rate of the levy payable by insurers under the Ac­ cident Insurance Act 1998 for the ﬁnancial year ending on 30 June 2001 to meet the costs of the Regulator under the Act; and provide that the levy is exclusive of GST; and specify when the levy is payable.

•• •• Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notiﬁcation in Gazette: 19 December 2001.


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