PRIVATE HEALTH INSURANCE INCENTIVES ACT 1997

***** Repealed 1 July 2000 *****

PART 2 - THE INCENTIVES SCHEME

Division 5 - What effect does the scheme have on insurance premiums?

SECTION 5-4   POLICIES THAT CEASE TO BE DEPENDENT CHILD POLICIES  

5-4    For the purposes of paragraph 5-1(2)(a), if:

(a)  at the time an application was made under section 4-3 for registration of a private health insurance policy for a financial year, the policy did not cover any person who was not a dependent child; and

(b)  on any day during that year, the person, or one or more of the persons, who was at that time covered by the policy ceases to be a dependent child but remains covered by the policy;

the policy ceases to be a dependent child policy on that day.

Note:

For dependent child , see the Dictionary.