Approved Issuer Levy definition
Examples of Approved Issuer Levy in a sentence
The licensing officer informed the Sub-Committee that conditions had been agreed with the police and the applicant.
Non resident customers may instead elect to have Approved Issuer Levy of 2% applied to interest earned.
Non resident customers may instead elect to have Approved Issuer Levy (AIL) of 2% applied to interest earned.
In this case, the amount of the Approved Issuer Levy will be deducted from any interest credited or paid to you, at the Approved Issuer Levy rate applicable from time to time.
For the avoidance of doubt, the ANZ Borrowers will not be entitled to deduct from any payment of interest (or deemed interest) to a Lender an amount equal to the Approved Issuer Levy that is paid in accordance with Section 5.1(l)(i)(A).