Under the National Fire Services Act (Clause 31-1 1994), NFA funding of annual estimated expenditure comes through the Government, insurance companies (through fire service levies on insurance premiums) and from other companies under clause 29 of the Act.
Statutory Funding
A levy of 0.06% is chargeable on the sum insured for all insurance policies on the following classes of insurance:
- Commercial and Industrial Fire Policies;
- Domestic Fire Policies including House-owners and householders.
- Contractors All Risks Policies.
- Water Levy Order