S 134-10 repealed by No 87 of 2015, s 3 and Sch 1 item 65, effective 1 July 2015. For transitional provisions, see note under s
3-15
. S 134-10 formerly read:
SECTION 134-10 INCLUSION OF HEALTH-RELATED BUSINESSES IN HEALTH BENEFITS FUNDS
134-10(1)
If a private health insurer has a *health benefits fund in respect of its *health insurance business and some or all of its *health-related businesses, the dominant purpose of the fund must relate to its health insurance business.
134-10(2)
If the Council is satisfied that the insurer is contravening subsection (1):
(a)
the Council may give to the insurer such directions relating to divesting the fund of *health-related businesses as the Council thinks necessary to ensure the insurer
'
s compliance with subsection (1); and
(b)
the insurer must comply with those directions.