Annual fees of licensed insurers
12.—(1)  Every licensed insurer must pay to the Authority such annual fees as may be prescribed.
[23/2003; 11/2013]
(2)  The Authority may prescribe different annual fees for different classes of insurance business or for different types of licensed insurers.
[23/2003; 11/2013]
(3)  The Authority may, where it considers appropriate in a particular case, waive, refund or remit the whole or any part of any annual fee paid or payable under subsection (1).
[11
[11/2013]