Deposit Insurance Rules 2016
Download PDF| Year | 2016 |
|---|---|
| Category | Consolidated |
| Last Updated | 2026-02-19 16:15:51 |
|---|---|
| File Size | 311.2 KB |
| Source | bermudalaws.bm |
Table of Contents
- 1. Citation
- 2. Definitions
- 3. Premium contributions payable by Scheme members
- 4. Late payment fees
- 5. Method of payment of premium contributions and late payment fees
- 6. Refund
- 7. Payment of compensation to insured depositors
- 8. Compensation payout preparedness
- 9. Requirements
- 10. Methods of payout for Scheme members
- 11. Register of insured deposits
- 12. Disclosure statement for insured deposits
- 13. Disclosure by Scheme member upon cessation
- 14. Transitional provisions
- SCHEDULE
- 1. These Rules may be cited as the Deposit Insurance Rules 2016.
- 2. In these Rules—
No cases currently cite this legislation.