SCHEDULES

SCHEDULE 2 Additional Provisions with Respect to Levies on Intermediaries

Restriction on the imposition of the levy

1

No levy shall be imposed under section 19 above in respect of any company—

a

after the end of the period of two years beginning with the beginning of the liquidation if the company is a company in liquidation; or

b

after the end of the period of two years beginning with the relevant time as defined by section 16(6) above if the company is a company in financial difficulties within the meaning of that section.