Insurance Act, 1989

Fees.

7.—(1) The Minister, with the consent of the Minister for Finance, may by order provide for fees—

(a) to be paid to him annually by the holders of authorisations,

(b) to be paid to him in respect of the issue of a solvency certificate.

(2) The fee for inspection of the register kept under section 21 of the Insurance Act, 1936 shall be such fee not exceeding ten pounds as the Minister with the consent of the Minister for Finance shall from time to time direct and subsection (5) of that section is hereby amended accordingly.

(3) The fees to be paid under this Act shall be collected in money and taken in such manner as the Minister for Finance may from time to time direct, and shall be paid into or disposed of for the benefit of the Exchequer in accordance with the directions of that Minister.

(4) The Public Offices Fees Act, 1879 shall not apply in respect of fees under this Act.