Commonwealth Numbered Acts

PRIVATE HEALTH INSURANCE (PRUDENTIAL SUPERVISION) ACT 2015 (NO. 85, 2015) - SECT 99

             (1)  APRA may, by written notice to a private health insurer, vary a direction given to the insurer under section 96 if, at the time of the variation, APRA considers that the variation is necessary or appropriate.

Note:          A decision to vary, or to refuse to vary, a direction that was given on a ground specified in paragraph 96(1)(a), (b) or (c) is reviewable under section 168.

             (2)  APRA may, by written notice to a private health insurer, revoke a direction given to the insurer under section 96 if, at the time of the revocation, APRA considers that the direction is no longer necessary or appropriate.

Note:          A decision to refuse to revoke a direction that was given on a ground specified in paragraph 96(1)(a), (b) or (c) is reviewable under section 168.