Financial Markets Authority (Levies) Regulations 2012

6 Meaning of total supervised interests (class 4)

(1)

In these regulations, total supervised interests, in relation to a person in class 4, means the total value of all supervised interests of the person that are debt securities and managed investment products in registered schemes,—

(a)

as reported by the person to the FMA under section 25 of the FMS Act most recently before the leviable event; or

(b)

if the person has not reported to the FMA, as calculated—

(i)

for a date as near as possible to the leviable event; and

(ii)

as if for the purpose of preparing a report to the FMA under section 25 of the FMS Act.

(2)

In this regulation, supervised interest has the meaning given in section 4(1) of the FMS Act.

Regulation 6(1): amended, on 1 December 2014, by regulation 6(1) of the Financial Markets Authority (Levies) Amendment Regulations (No 2) 2014 (LI 2014/334).

Regulation 6(1)(a): amended, on 1 July 2020, by regulation 5 of the Financial Markets Authority (Levies) Amendment Regulations 2020 (LI 2020/100).

Regulation 6(1)(a): amended, on 1 December 2014, by regulation 6(2) of the Financial Markets Authority (Levies) Amendment Regulations (No 2) 2014 (LI 2014/334).

Regulation 6(1)(b)(ii): amended, on 1 December 2014, by regulation 6(2) of the Financial Markets Authority (Levies) Amendment Regulations (No 2) 2014 (LI 2014/334).

Regulation 6(2): amended, on 1 December 2014, by regulation 6(2) of the Financial Markets Authority (Levies) Amendment Regulations (No 2) 2014 (LI 2014/334).