← Deposit Insurance and Policy Owners’ Protection Schemes Act 2011

Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 s 12

s 12 Premium contributions payable by DI Scheme members

12.—(1) Every DI Scheme member must pay a premium contribution for any premium year or part thereof in respect of the insured deposits placed with the DI Scheme member. (2) Subject to the provisions of this Act, the premium contribution is such amount as may be computed by the Authority under section 13. (3) The premium year for the DI Scheme is 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.

Read this section in the full act → · Open PART 4 →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

The Singapore legislation on this platform is subject to copyright of the Singapore Government and is used/reproduced for the purposes of this platform with the permission of the Attorney-General's Chambers. Users of this platform may check Singapore Statutes Online for the latest version of the Singapore legislation.

What to look at next

Deposit Insurance and Policy Owners’ Protection Schemes Act 2011, full textChapter navigation and full text, so you can read this section in contextSingapore legislation Singapore Acts by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year PART 4 — PREMIUM CONTRIBUTIONS FOR DI SCHEME — read this in contextThe surrounding text of the act in order, so you can see what comes before and afterChapters and sections