Plain language law

New Zealand law explained for everyone

Fire and Emergency New Zealand Act 2017

Levy - Levy on insured property

85: Levy payable on other property

You could also call this:

"Paying a fire levy on insured property that's not a car"

Illustration for Fire and Emergency New Zealand Act 2017

You have to pay a levy on property that is not a car and is insured against fire. The levy is calculated based on the sum insured and the period of insurance. This is done in accordance with regulations made under section 141.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6888334.

This page was last updated on — View changes

Topics:
Money and consumer rights > Consumer protectionMoney and consumer rights > TaxesHousing and property > Home safety and repairs
Previous

84: Levy payable on motor vehicles, or

"Paying a levy when you insure a vehicle"

Next

86: Insurer must pay levy to FENZ, or

"Insurers must pay a fee to Fire and Emergency New Zealand"

Part 3Levy
Levy on insured property

85Levy payable on other property

  1. A levy is payable in respect of any property, other than a motor vehicle, that is insured under a contract of fire insurance.

  2. The amount of levy that is payable is an amount calculated on the basis of the sum insured and pro-rated in respect of the period of insurance in accordance with regulations made under section 141.

Notes
  • Section 85(1): amended, on , by section 10(1) of the Fire and Emergency New Zealand (Levy) Amendment Act 2023 (2023 No 15).
  • Section 85(2): amended, on , by section 10(2) of the Fire and Emergency New Zealand (Levy) Amendment Act 2023 (2023 No 15).