Glossary
Looking for the right term then try the glossary:
| Term | Definition | Legal instruments |
|---|---|---|
|
MERS levy 03/07/2015 |
THIS DEFINITION ONLY APPLIES TO THE MANAGEMENT EXPENSES IN RESPECT OF RELEVANT SCHEMES PART
means a levy imposed by the FSCS on a firm, a dormant account fund operator or, where applicable, the Society, to meet relevant expenses incurred by the FSCS in connection with acting on behalf of the manager of the relevant scheme in accordance with Part 15A of FSMA. |