Private Health Insurance Act 2007

Ch 4 heading substituted by No 87 of 2015, s 3 and Sch 1 item 54, effective 1 July 2015. For transitional provisions, see note under s 3-15 . The heading formerly read:

CHAPTER 4 - PRIVATE HEALTH INSURERS

Pt 4-5 heading substituted by No 87 of 2015, s 3 and Sch 1 item 66, effective 1 July 2015. For transitional provisions, see note under s 3-15 . The heading formerly read:

PART 4-5 - OTHER OBLIGATIONS OF PRIVATE HEALTH INSURERS

Div 169 heading substituted by No 87 of 2015, s 3 and Sch 1 item 72, effective 1 July 2015. For transitional provisions, see note under s 3-15 . The heading formerly read:

Division 169 - Reporting and notification requirements

S 169-5 repealed by No 87 of 2015, s 3 and Sch 1 item 73, effective 1 July 2015. For transitional provisions, see note under s 3-15 . S 169-5 formerly read:

SECTION 169-5 INFORMATION TO BE GIVEN TO THE COUNCIL ANNUALLY  
169-5(1)
A private health insurer must, within 3 months after the end of each financial year, or within such further time as the Council allows, give to the Council:
(a) such financial accounts and statements in respect of that year as the Council requires to be given for use in preparing the report referred to in section 264-15; and
(b) such other statements in respect of that year as are required by the Private Health Insurance (Insurer Obligations) Rules.

169-5(2)
Any such accounts or statements must be certified on behalf of the insurer, in accordance with the Private Health Insurance (Insurer Obligations) Rules, to be true and correct.

169-5(3)
A private health insurer commits an offence if the insurer fails to comply with this section.

Penalty: 30 penalty units.

169-5(4)
Strict liability applies to subsection (3).

Note:

For strict liability , see section 6.1 of the Criminal Code .