7

Calculation of levies

7.1

Depositor Protection 43 sets out the PRA’s rule for calculating the FSCS tariff base for deposit-takers (the Class A tariff base). Depositor Protection 43.2 requires firms to do this calculation on the basis of covered deposits from the SCV file. Depositor Protection 43.1 requires firms to include the total balance of deposits in any account which holds funds to which the account holder is not absolutely entitled, or which are safeguarded funds, under the rules. Any funds which the firm has confirmed are not covered deposits may be excluded.

7.2

Deleted.

7.3

Deleted.

7.4

Deleted.