This is the final year of a three-year period during which the PPF sought to maintain stability in its Levy Rules, and accordingly few changes have been made.
The Levy Rules and Contingent Asset Appendix can be downloaded from the PPF’s website here.
There were no changes for Type B contingent assets (charges over property or investments), and only minor changes to Type A contingent assets (parental guarantees) - primarily in relation to the guarantor strength report and guarantees over service companies.
How we can help
While we cannot re-certify on your behalf, we are happy to provide further detail and answer any queries you may have about the re-certification process and the changes mentioned above. Please contact your usual Burges Salmon contact.