Private Health Insurance Act 2007

Pt 5-3 repealed by No 87 of 2015, s 3 and Sch 1 item 123, effective 1 July 2015. For transitional provisions, see note under s 3-15 .

Div 217 repealed by No 87 of 2015, s 3 and Sch 1 item 123, effective 1 July 2015. For transitional provisions, see note under s 3-15 .

Subdiv 217-C repealed by No 87 of 2015, s 3 and Sch 1 item 123, effective 1 July 2015. For transitional provisions, see note under s 3-15 .

S 217-25 repealed by No 87 of 2015, s 3 and Sch 1 item 123, effective 1 July 2015. For transitional provisions, see note under s 3-15 . S 217-25 formerly read:

SECTION 217-25 DUTIES OF EXTERNAL MANAGERS  
217-25(1)
The main duties of the *external manager of a *health benefits fund are:
(a) to examine
(b) to ascertain the *assets and liabilities of the fund; and
(c) if the business of the fund has been mixed with other business of the private health insurer concerned - to apportion the assets and liabilities as between the fund and that other business; and
(d) to form an opinion as to which course of action maximises the chance that the *policy holders of the fund continue to be *covered for health insurance either by that fund or by another fund to which the business of that fund is transferred; and
(e) to make a final written report to the Council, in accordance with Subdivision 217-E, recommending that course of action.

217-25(2)
In the day-to-day administration of a *health benefits fund, it is the duty of the *external manager to administer the fund as efficiently and economically as possible.