Private Health Insurance (Levy Administration) Rules 2010


I, PENNY SHAKESPEARE, delegate of the Minister for Health and Ageing, make these Rules under item 14 of the table in section 333-20 of the Private Health Insurance Act 2007.

Dated   14  January 2010

 

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Penny Shakespeare

Assistant Secretary

Private Health Insurance Branch

Acute Care Division

Department of Health and Ageing

 

 

 

 

 

 

 

 

 

 

1. Name of Rules 

2. Commencement 

3. Definitions 

4. Council administration levy 

5. Complaints levy 

6. Risk equalisation levy 

7. Rate of late payment penalty 

 

 

1.                      Name of Rules

These Rules are the Private Health Insurance (Levy Administration) Rules 2010.

2.                      Commencement and Revocation

(1)        These Rules commence on the day after the Rules are registered.

(2)        These Rules revoke the Private Health Insurance (Levy Administration) Rules 2007.

3.                      Definitions

Note: Terms used in these Rules have the same meaning as in the Act—see section 13 of the Legislative Instruments Act 2003.  These terms include:

 

 complaints levy
Council administration levy
late payment penalty
national joint replacement register levy

 risk equalisation levy

In these Rules:

Act means the Private Health Insurance Act 2007.

4.                      Council administration levy

For paragraph 307-1 (1) (b) of the Act, the payment day for Council administration levy imposed on a day (the imposition day) under section 6 of the Private Health Insurance (Council Administration Levy) Act 2003 is 14 days after the imposition day.

Note: The imposition day for the Council administration levy is the 28th day of the second month of each quarter ending on the last day of March, June, September or December in a financial year.

5.                      Complaints levy

For paragraph 307-1 (1) (b) of the Act, the payment day for complaints levy imposed on a day (the imposition day) under section 5 of the Private Health Insurance (Complaints Levy) Act 1995 is 31 December each year.

6.                      Risk equalisation levy

For paragraph 307-1 (1) (b) of the Act, the payment day for risk equalisation levy imposed on a day (the imposition day) under section 6 of the Private Health Insurance (Risk Equalisation Levy) Act 2003 is 14 days after the imposition day.

Note: The imposition day for the risk equalisation levy is the 21st day of the second month of each quarter ending on the last day of March, June, September or December in a financial year.

7.                      Rate of late payment penalty

For paragraph 307-5 (2) (a) of the Act, the rate of late payment penalty is specified as 15% per year.

8.                      National joint replacement register levy

For paragraph 307-1 (1) (b) of the Act, the payment day for national joint replacement register levy imposed on a day (the imposition day) under paragraph 6(1)(a) of the Private Health Insurance (National Joint Replacement Register Levy) Act 2009 is 21 days after the imposition day.

Note: The imposition day for the national joint replacement register levy is 31 October and 30 April of each financial year.

 

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