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On 13 December 2011, the PPF published the final determination for the 2012/13 levy and associated documents. This comprises of the following:
The 2012/13 Levy Policy Statement
Levy Practice GuidanceGuidance on Bespoke Investment Risk CalculationGuidance on Contingent Assets Guidance on Block Transfers
The standard form contingent asset agreements to use for 2012/13 are the same as for last year, and are set out below:
Form of Type A contingent asset - group company guaranteeForm of Type B(i) contingent asset - security over cashForm of Type B(ii)EW contingent asset - security over real estate (England and Wales)Forrm of Type B(ii)S contingent asset - security over real estate (Scotland)Form of Type B(ii)NI contingent asset - security over real estate (Northern Ireland)Form of Type B(iii) contingent asset - security over securitiesForm of Type C(i) contingent asset - letter of credit/bank guarantee (evergreen)Form of Type C(ii) contingent asset - letter of credit/bank guarantee (reducing balance)
On 21 September 2011, the PPF published the consultation and draft determination for the 2012/13 levy. This comprises the following documents:
The 2012/13 Levy Consultation Document