S.I. No. 560/2011 - Consumer Protection Act 2007 (National Consumer Agency) Levy Regulations 2011.

0. 26%

€9,213

1. 02%

€36,142

2. 45% of the Central Bank’s G net annual funding requirement charged to individual regulated entities in this category (as at 30 September 2011).

M1

Retail credit firms.

3. 52% of the Central Bank’s D5 net annual funding requirement charged to individual regulated entities in this category (as at 30 September 2011).

F

Credit Unions.

4. 66%

€165,119

5. The Agency may transmit, or may arrange the transmission of, a levy notice in writing to a regulated entity indicating the required levy contribution payable by that regulated entity for the levy period and the payment date for submission of payment of the levy contribution.

6. A regulated entity not having received a levy notice remains liable to pay the levy contribution not later than 28 days after the expiry date of the levy period to which these Regulations apply. The levy contribution in these circumstances will be calculated by such regulated entity by reference to the Schedules hereto and shall be paid by such regulated entity to the Agency by the due date referred to in this Regulation.

Levy Contribution

7. Each regulated entity to which these Regulations apply shall pay to the Agency a levy contribution. Such a levy contribution shall consist of the amount specified in Schedule B, or calculated in accordance with the fifth column of the relevant section of Schedule A applicable to the category for that particular regulated entity.

Payment date

8. A regulated entity shall pay the levy contribution in respect of the levy period as provided for in the Schedules no later than 28 days from the date on the levy notice.

Payments

9. All levy contributions are payable in the Euro currency and in a single instalment.

10. 99%

€389,411

11. 45% of the Central Bank’s F net annual funding requirement charged to individual regulated entities in this category (as at 30 September 2011).

G

Money Lenders.

12. Every sum payable by a regulated entity under these Regulations, including interest, for or on account of the Agency shall be recoverable by the Agency from that person as a simple contract debt in a court of competent jurisdiction.

Appeals

13. 50%

€478,348

14. Any such appeal must be in writing and shall set out the grounds of the appeal in detail with full disclosure of all relevant facts. Any such appeal must be accompanied by the full levy contribution as set out in the levy notice. In the event of a successful appeal, the Agency will reimburse such sums as the Chief Executive directs to the particular regulated entity.

Keeping of Records

15. Each regulated entity shall keep full and true records of all transactions that affect their liability under these Regulations and any related returns. A record kept by a person pursuant to this Regulation and in the case of any such record that has been given by the person to another person, any copy thereof that is in the power or control of the first mentioned person shall be retained by that person for a period of 6 years from the date of the last transaction to which the record relates. This Regulation shall not apply to records of a regulated entity that have been disposed of in accordance with section 305(1) of the

Companies Act 1963

.

16. The Agency may exercise any of the powers and perform any of the functions and duties imposed on the Agency by these Regulations through or by any of the authorised officers or employees of the Agency or by persons seconded to the Agency or by persons engaged or retained by the Agency to exercise any of the powers and perform any of the functions as set out in these Regulations on its behalf.

4 November 2011

STEPHEN COSTELLO,

Chairperson.

National Consumer Agency

4/5 Harcourt Road

Dublin 2

SCHEDULE A

Levy period: A 12-month period, commencing on 01 January 2011 and ending on 31 December 2011.

Categories for Regulated entities

Institution type

Percentage share out among categories

Total amount payable by regulated entities

Basis for calculating amount of levy per individual firm in each category

A1a

Credit Institutions authorised under Irish law and covered by the Credit Institutions (Financial Support) Scheme 2008 and their subsidiaries that are credit institutions authorised under Irish legislation.

23. 17%

€820,987

25. 24% of the Central Bank’s M1 net annual funding requirement charged to individual regulated entities in this category (as at 30 September 2011).

SCHEDULE B

Levy period: A 12-month period, commencing on 01 January 2011 and ending on 31 December 2011.

Categories D2, D3 and D4: Investment Firms authorised under the provisions of the European Communities (Markets in Financial Instruments) Regulations 2007 (other than those in Category D5 in Schedule A)

Band

Range of retail clients in Ireland, at 31 December 2010 (as reported to the Agency)

Levy Rate per Band€

A

1 — 99

50

B

100 — 499

550

C

500 — 1,999

1,550

D

2,000 — 4,999

4,000

E

5,000 — 10,000

8,000

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

These Regulations made by the Chairperson of the National Consumer Agency in accordance with Section 24B of the

Consumer Protection Act 2007

(as inserted by the

Central Bank Reform Act 2010

) provide for a levy scheme to fund the provision of information in relation to financial services including information in relation to the costs to consumers, the risks and benefits associated with the provision of those services and promoting the development of financial education and capability. The Regulations also provide for the collection of the levy with associated requirements and obligations for the regulated entities subject to this levy.

43. 53% of the Central Bank’s A1b and A2 consumer net annual funding requirement charged to individual regulated entities in these categories (as at 30 September 2011).

A2

Credit Institutions authorised in another EEA State, operating in Ireland on a branch basis.

B1

Life insurance undertakings with Irish head office and life insurance undertakings authorised in another non-EEA State operating in Ireland.

145. 60% of the Central Bank’s B1 and B2 consumer net annual funding requirement charged to individual regulated entities in these categories (as at 30 September 2011).

B2

Life insurance undertakings authorised in another EEA State operating in Ireland on a branch basis.

B4

Non-life insurance undertakings with Irish head office.

174. 20% of the Central Bank’s B4 and B5 consumer net annual funding requirement charged to individual regulated entities in these categories (as at 30 September 2011).

B5

Non-life insurance undertakings authorised in another EEA State, operating in Ireland on a branch basis.

D2, D3, D4

Investment firms.

278. 57% of Central Bank’s A1a consumer net annual funding requirement charged to individual regulated entities in this category (as at 30 September 2011).

A1b

Credit Institutions authorised under Irish law and not covered by the Credit Institutions (Financial Support) Scheme 2008.

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of

8

th November

, 2011.

The National Consumer Agency (the ‘Agency’), in the exercise of its power to impose levies conferred on the Agency by Section 24B of the

Consumer Protection Act 2007

(as inserted by the

Central Bank Reform Act 2010

) as approved by the Minister for Jobs, Enterprise, and Innovation and with the consent of the Minister for Finance, hereby makes the following Regulations

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