Deputy Alan Shatter:

I move amendment No. 152:

In page 64, before section 71, but in Part 6, to insert the following new section:"72.—(1) The Authority may by regulations provide for all or any of the following matters relating to the levy under section 69:

(a) the date on which payment of the levy becomes payable;
(b) the keeping by the Authority and the Disciplinary Tribunal of specified records in respect of matters connected with the liability to pay the levy;
(c) the collection and recovery of the levy;
(d) subject to subsection (2), the rate of interest on amounts not paid when due;
(e) such other matters as are necessary for, or incidental to, the imposition, payment and collection of the levy.

(2) Regulations under subsection (1) may prescribe a formula for determining the interest rate referred to in subsection (1)(d) by reference to—

(a) the prevailing Euro Interbank Offered Rate,
(b) an additional rate certified by the Central Bank of Ireland, and
(c) such other additional rate as the Minister considers appropriate, taking into account the cost of recovering unpaid levy, including any bank charges the Authority may incur in maintaining a bank overdraft to cover a shortfall in funds arising out of unpaid levy.".