<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read instructions at end of Form before preparing Form.
- --------------------------------------------------------------------------------
1. Name and address of issuer:
ML of New York Variable Life Separate Account
100 Church Street, 11th Floor
New York, New York 10080-6511
- --------------------------------------------------------------------------------
2. The name of each series or class securities for which this form is
filed (If the Form is being filed for all series and classes of
securities of the issuer, check the box but do not list series or
classes): NOT APPLICABLE
- --------------------------------------------------------------------------------
3. Investment Company Act File Number: 811-6226
Securities Act File Number(s): 33-37944*, 33-37945, 33-37946,
33-37947, 33-37948, and 33-38097
*The fee, if any, is being paid on the filing for 33-37944.
- --------------------------------------------------------------------------------
4(a). Last day of fiscal year for which this Form is filed:
December 31, 1998
- --------------------------------------------------------------------------------
4(b). [ ] Check box if this Form is being filed late (i.e., more than 90
calendar days after the end of the issuer's fiscal year). (See
Instruction A.2)
Note: If the Form is being filed late, interest must be paid on the
registration fee due.
- --------------------------------------------------------------------------------
4(c). [ ] Check box if this is the last time the issuer will be filing this
Form.
-1-
<PAGE> 2
<TABLE>
<S> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------
5. Calculation of registration fee:
(i) Aggregate sale price of securities sold during
the fiscal year pursuant to section 24(f): $ 631,496
--------------
(ii) Aggregate price of securities redeemed or
repurchased during the fiscal year: $ 19,113,508
----------------------
(iii) Aggregate price of securities redeemed or
repurchased during any prior fiscal year
ending no earlier than October 11, 1995 that
were not previously used to reduce
registration fees payable to the Commission: $ 22,712,071
---------------------
(iv) Total available redemption credits [add items
5(ii) and 5(iii): -$ 41,825,579
---------------
(v) Net sales -- if Item 5(i) is greater than Item
5(iv) [subtract Item 5(iv) from item 5(i): $
---------------
(vi) Redemption credits available for use in future $ (41,194,083)
years -- if Item 5(i) is less than 5(iv) --------------------
[subtract Item 5(iv) from Item 5(i)]:
(vii) Multiplier for determining registration fee
(See Instruction C.9): x 0.000278
---------------
(viii) Registration fee due [multiply Item 5(v) by
Item 5(viii)] enter "0" if no fee is due: =$ 0.00*
===============
*The fee, if any, is being paid on the filing for 33-37944.
- ------------------------------------------------------------------------------------------------------------------
</TABLE>
-2-
<PAGE> 3
- --------------------------------------------------------------------------------
6. Prepaid Shares
If the response to Item 5(i) was determined by deducting an amount of
securities that were registered under the Securities Act of 1933
pursuant to rule 24e-2 as in effect before October 11, 1997, then
report the amount of securities (number ofshares or other units)
deducted here: ______________. If there is a number of shares or other
units that were registered pursuant to rule 24e-2 remaining unsold at
the end of the fiscal year for which this form is filed that are
available for use by the issuer in future fiscal years, then state that
number here: __________________.
- --------------------------------------------------------------------------------
7. Interest due -- if this Form is being filed more than 90 days after the
end of the issuer's fiscal year (see Instruction D):
+$
------------------
- --------------------------------------------------------------------------------
8. Total of the amount of the registration fee due plus any interest due
[line 5(viii) plus line 7]:
=$ 0.00*
----------------
*The fee, if any, is being paid on the filing for 33-37944.
- --------------------------------------------------------------------------------
9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository:
Method of Delivery:
[ ] Wire Transfer
[ ] Mail or other means
- --------------------------------------------------------------------------------
SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By (Signature and Title)* /s/ JOSEPH E. CROWNE, JR.
--------------------------
Joseph E. Crowne, Jr.
Chief Financial Officer
Date March 30, 1999
---------------------
*Please print the name and title of the signing officer below the signature.
-3-