Commonwealth Numbered Acts

PRIVATE HEALTH INSURANCE (PRUDENTIAL SUPERVISION) ACT 2015 (NO. 85, 2015) - SECT 24

             (1)  If a private health insurer establishes a health benefits fund, the insurer must give APRA written notice of:

                     (a)  the establishment of the fund; and

                     (b)  the day on which the fund was established; and

                     (c)  such other matters as are specified in APRA rules made for the purpose of this paragraph.

             (2)  The notice must be in the approved form.

             (3)  This section does not apply if the fund is established in accordance with a restructure or arrangement approved under Division 4.