Finance Act 2011

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Levy on authorised insurers.

65.— Section 125A (inserted by the Health Insurance (Miscellaneous Provisions) Act 2009 ) of the Principal Act is amended—

(a) in subsection (1) in the definition of “due date”—

(i) in paragraph (c) by substituting “21 September 2011” for “30 September 2011”, and

(ii) in paragraph (d) by substituting “21 January 2012” for “31 January 2012”,

and

(b) by substituting the following for subsection (3):

“(3) There shall be charged on every statement delivered by an authorised insurer pursuant to subsection (2) a stamp duty at the rate of—

(a) where the relevant contract was renewed or entered into before 1 January 2010—

(i) €53 in respect of each insured person aged less than 18 years, and

(ii) €160 in respect of each insured person aged 18 years or over,

(b) where the relevant contract was renewed or entered into on or after 1 January 2010 and before 1 January 2011—

(i) €55 in respect of each insured person aged less than 18 years, and

(ii) €185 in respect of each insured person aged 18 years or over,

and

(c) where the relevant contract was renewed or entered into on or after 1 January 2011—

(i) €66 in respect of each insured person aged less than 18 years, and

(ii) €205 in respect of each insured person aged 18 years or over,

included in the statement.”.