(1) Subject to Regulation 36, the Minister may designate by order those sectors regulated under the law of the State considered to be low risk that may pay a lower contribution than that which would otherwise be payable under this Part.

(2) Members of an institutional protection scheme may pay lower contributions to the deposit guarantee scheme than that which would otherwise be payable under this Part.

(3) A central body and all credit institutions permanently affiliated to a central body as referred to in Article 10(1) of the Union Capital Requirements Regulation may be subject as a whole to the risk weight determined for the central body and its affiliated institutions on a consolidated basis.

(4) Subject to Regulation 36, the Minister may designate by order that credit institutions pay a minimum contribution, irrespective of the amount of their covered deposits.

(5) Subject to paragraph (8), the designated authority may use its own risk-based methods for determining and calculating the risk-based contributions by credit institutions.