|(a) The Association shall review information provided by the Texas Public Finance Authority concerning the amount of the class 2 public security obligations and estimated amount of the class 2 public security administrative expenses, including any required contractual coverage amount, to determine whether the Association has sufficient available funds to pay the public security obligations and public security administrative expenses, if any, including any contractual coverage amount, or whether a premium surcharge under the Insurance Code §2210.613 is required. The Association may consider all of the Association's outstanding obligations and sources of funds to pay those obligations. (b) If the Association determines that it is necessary to collect revenue specified in the Insurance Code §2210.613, the Association shall submit a written request to the commissioner to approve a premium surcharge on policyholders with premises, operations, or insured property in the catastrophe area as authorized under the Insurance Code §2210.613. The Association's request must specify: (1) the total amount of the class 2 public security obligations and estimated amount of the class 2 public security administrative expenses, including any required contractual coverage amount, provided in the TPFA notice; (2) the amount to be collected from insurers through a member assessment, which may not exceed 30 percent of the amount specified in the TPFA notice; (3) the amount to be collected from catastrophe area policyholders through premium surcharges, which may not exceed 70 percent of the amount specified in the TPFA notice; and (4) the date upon which the premium surcharge is to commence and the date the premium surcharge for the noticed amount is to end. (c) On approval by the commissioner each insurer shall assess a premium surcharge in a percentage amount set by the commissioner to the insurer's policyholders. The premium surcharge percentage shall be applied to the premium attributable to premises, operations, and insured property located in the catastrophe area on policies that become effective, or on multi-year policies that become effective or have an anniversary date, during the premium surcharge period when the premium surcharge percentage will be in effect, as specified in §§5.4181 - 5.4188 of this division (relating to Premiums to be Surcharged, Allocation Method for Specified Lines of Insurance, Allocation Method for Other Lines of Insurance, Application of the Surcharges, Premium Surcharges are Mandatory, Remittance of Premium Surcharges, Offsets, and Surcharges not Subject to Commissions or Premium Taxes, respectively). (d) This section is part of the Texas Windstorm Insurance Association's plan of operation and shall control over any conflicting provision in §5.4001 of this subchapter (relating to Plan of Operation).