Department for Work and Pensions written question – answered at on 24 November 2014.
To ask the Secretary of State for Work and Pensions, whether he intends to use his powers under section 13, sub-section 2(b) of the Mesothelioma Act 2014 to reduce the total amount of the first levy on relevant active issuers designed to meet the costs of the Diffuse Mesothelioma Payment Scheme.
I will announce the total amount of the first levy which will cover the estimated costs of the Scheme in the financial year 2014-15 when the regulations laid in Parliament on 7 November concerning the levy have come into effect.
Further detailed information on the costs of the Scheme and information about the levy and how it was calculated will be included in the first annual report on the scheme which will be published on or before 30th November 2015.
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