Private Health Insurance (Transition) Amendment Rules 2008

 

I, NICOLA ROXON, Minister for Health and Ageing, make these Rules under section 55 of the Private Health Insurance (Transitional Provisions and Consequential Amendments) Act 2007.

Dated  29th February 2008

 

 

_______NICOLA ROXON___________________

Minister for Health and Ageing

 

 

 

 

Part 1 Preliminary 3

1. Name of Rules 3

2. Commencement 3

3. Amendment of the Private Health Insurance (Transition) Rules 2007 3

Schedule―Amendments 4

 

Part 1 Preliminary

1. Name of Rules

These Rules are the Private Health Insurance (Transition) Amendment Rules 2008.

2. Commencement

These Rules commence on the day after they are registered.

3. Amendment of the Private Health Insurance (Transition) Rules 2007

The Schedule amends the Private Health Insurance (Transition) Rules 2007.

Schedule―Amendments

[1] Rule 9

After rule 9, insert

10. Transition for restricted access insurers

(1) This rule applies to an applicant for registration as a restricted access insurer under Part 4-3 of the new Act where the applicant at the time of the application:

(a) is a private health insurer because of subsection 18 (1) of the Transitional Provisions Act; and

(b) is a restricted access insurer because of subsection 20 (1) of the Transitional Provisions Act; and

(c) has a constitution that does not comply with subsection 126-20 (6) of the new Act.

(2) If this rule applies to the applicant, subsection 12620 (6) of the new Act does not apply to the insurer until 31 December 2008.

Note

1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.frli.gov.au

2. These Rules amend the Private Health Insurance (Transition) Rules 2007, which commenced on 1 April 2007.