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Fire and Emergency New Zealand Act 2017

Levy - Levy on insured property

86: Insurer must pay levy to FENZ

You could also call this:

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

Illustration for Fire and Emergency New Zealand Act 2017

When you enter into a contract of insurance, the insurer has to pay a levy to Fire and Emergency New Zealand. The insurer owes this levy to Fire and Emergency New Zealand and they can ask for it back. This rule is affected by section 87.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6888335.

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Topics:
Money and consumer rights > InsuranceGovernment and voting > Government departmentsEnvironment and resources > Emergency management
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85: Levy payable on other property, or

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

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87: Circumstances where policyholder or insurance intermediary must pay levy to FENZ, or

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Part 3Levy
Levy on insured property

86Insurer must pay levy to FENZ

  1. On entering into a contract of insurance, the insurer becomes liable to pay the levy to FENZ.

  2. The levy payable by the insurer is a debt due by the insurer to FENZ and is recoverable by FENZ.

  3. This section is subject to section 87.