Consumer Protection Act 2007

24B.

F35[Power to impose levies.

24B.(1) The Agency may make regulations prescribing levies to be paid by persons who are subject to regulation under the designated enactments and designated statutory instruments (within the respective meanings given by the Central Bank Act 1942).

(2) A levy prescribed under subsection (1) shall relate only to the Agencys performance of its functions referred to in F38[section 10(3)(j) of the Competition and Consumer Protection Act 2014].

(3) In particular, regulations under subsection (1) may provide for any of the following matters:

(a) the activities, services or other matters for which specified kinds of levies are payable;

(b) the persons, or classes of persons, who are required to pay specified kinds of levies;

(c) the amounts of specified kinds of levies;

(d) the periods for which, or the dates by which, specified levies are to be paid to the Agency;

(e) penalties that are payable by a person who fails to pay a levy on time;

(f) the keeping of records, and the making of returns to the Agency, by persons who are liable to pay a specified levy;

(g) the collection and recovery of levies.

(4) Regulations made under this section do not take effect until approved by the Minister with the consent of the Minister for Finance.

(5) Section 3(2) does not apply to regulations made under subsection (1).

(6) The Agency may refund the whole or a part of a levy paid or payable under regulations in force under this section.

(7) The Agency may amend or revoke a regulation made under this section.

(8) An amendment or revocation of regulations made under this section does not take effect until approved by the Minister with the consent of the Minister for Finance.

(9) The Agency may, by proceedings in a court of competent jurisdiction, recover as a debt an amount of levy payable under regulations in force under this section.]

Annotations

Amendments:

F37

Inserted (1.01.2011) by Central Bank Reform Act 2010 (23/2010), s. 15(5) and sch. 2 part 5 item 5, S.I. No. 686 of 2010.

F38

Substituted (31.10.2014) by Competition and Consumer Protection Act 2014 (29/2014), s. 82(b), S.I. No. 366 of 2014.

Editorial Notes:

E19

Power pursuant to section exercised (19.01.2024) by Consumer Protection Act 2007 (Competition and Consumer Protection Commission) Levy Regulations 2024 (S.I. No. 14 of 2024).

E20

Power pursuant to section exercised (9.02.2023) by Consumer Protection Act 2007 (Competition and Consumer Protection Commission) Levy Regulations 2023 (S.I. No. 48 of 2023).

E21

Power pursuant to section exercised (19.01.2022) by Consumer Protection Act 2007 (Competition and Consumer Protection Commission) Levy Regulations 2022 (S.I. No. 24 of 2022).

E22

Power pursuant to section exercised (20.05.2021) by Consumer Protection Act 2007 (Competition and Consumer Protection Commission) Levy Regulations 2021 (S.I. No. 257 of 2021).

E23

Power pursuant to section exercised (12.08.2020) by Consumer Protection Act 2007 (Competition and Consumer Protection Commission) Levy Regulations 2020 (S.I. No. 305 of 2020).

E24

Power pursuant to section exercised (15.10.2019) by Consumer Protection Act 2007 (Competition and Consumer Protection Commission) Levy Regulations 2019 (S.I. No. 509 of 2019).

E25

Power pursuant to section exercised (12.10.2018) by Consumer Protection Act 2007 (Competition and Consumer Protection Commission) Levy Regulations 2018 (S.I. No. 425 of 2018).

E26

Power pursuant to section exercised (29.09.2017) by Consumer Protection Act 2007 (Competition and Consumer Protection Commission) Levy Regulations 2017 (S.I. No. 423 of 2017).

E27

Power pursuant to section exercised (15.09.2016) by Consumer Protection Act 2007 (Competition and Consumer Protection Commission) Levy Regulations 2016 (S.I. No. 479 of 2016).

E28

Power pursuant to section exercised (22.10.2015) by Consumer Protection Act 2007 (Competition and Consumer Protection Commission) Levy Regulations 2015 (S.I. No. 457 of 2015).

E29

Power pursuant to section exercised (10.10.2014) by Consumer Protection Act 2007 (National Consumer Agency) Levy Regulations 2014 (S.I. No. 458 of 2014).

E30

Power pursuant to section exercised (29.10.2013) by Consumer Protection Act 2007 (National Consumer Agency) Levy Regulations 2013 (S.I. No. 409 of 2013).

E31

Power pursuant to section exercised (7.11.2012) by Consumer Protection Act 2007 (National Consumer Agency) Levy Regulations 2012 (S.I. No. 435 of 2012).

E32

Power pursuant to section exercised (4.11.2011) by Consumer Protection Act 2007 (National Consumer Agency) Levy Regulations 2011 (S.I. No. 560 of 2011).