24D.—(1) The Agency may enter into an arrangement with a prescribed body in relation to the collection of a levy.

(2) An arrangement referred to in subsection (1) is to be for the purpose of enabling the Agency or prescribed body to collect the relevant levy from each person or body obliged to pay it and pay the collected levy to the entity entitled to receive it.

(3) An arrangement referred to in subsection (1) shall provide for the costs associated with the collection of the levy concerned to be met by the entity entitled to receive the levy.

(4) Nothing in this section affects any other power of the Agency to enter into an arrangement for the collection of levies.

(5) In this section—

"levy" means a levy imposed under section 24B or any other enactment;

"prescribed body" means the following:

(a) the Pensions Board;

(b) the Financial Services Ombudsman;

(c) the Central Bank of Ireland;

(d) any other body prescribed by the Minister by regulations made for the purposes of this section.]