Section 47 of the Act of 2012 is amended by the substitution of the following subsection for subsection (5):

"(5) The Minister may recover as a simple contract debt in any court of competent jurisdiction, from a person by whom the fee is payable, any amount due and owing to ReBo in respect of a levy charged under the Credit Union Fund (ReBo Levy) Regulations 2015 (S.I. No. 557 of 2015), the Credit Union Fund (ReBo Levy) Regulations 2016 (S.I. No. 585 of 2016) or the Credit Union Fund (ReBo Levy) Regulations 2017 (S.I. No. 283 of 2017).".