Private Health Insurance Act 2007

Pt 2-2 heading substituted by No 105 of 2013, s 3 and Sch 2 item 3, effective 1 July 2013. The heading formerly read:

PART 2-2 - PREMIUMS REDUCTION AND INCENTIVE PAYMENTS SCHEMES

Div 22 inserted by No 26 of 2012, s 3 and Sch 1 item 10, applicable in relation to premiums, and amounts in respect of premiums, paid on and after 1 July 2012.

Subdiv 22-B inserted by No 26 of 2012, s 3 and Sch 1 item 10, applicable in relation to premiums, and amounts in respect of premiums, paid on and after 1 July 2012.

S 22-35 substituted by No 52 of 2021, s 3 and Sch 1 item 1, effective 1 July 2021 and applicable in relation to the 2021-22 financial year and later financial years. S 22-35 formerly read:

SECTION 22-35 PRIVATE HEALTH INSURANCE SINGLES THRESHOLDS  
22-35(1)
A person ' s singles tier 1 threshold for the 2008-09 financial year is $70,000. This amount is indexed annually.

22-35(2)
A person ' s singles tier 2 threshold for the 2010-11 financial year is $90,000. This amount is indexed annually.

22-35(3)
A person ' s singles tier 3 threshold for the 2010-11 financial year is $120,000. This amount is indexed annually.

Note 1:

A person may be a tier 1 earner, tier 2 earner or tier 3 earner if his or her income for surcharge purposes exceeds the applicable threshold for that tier: see section 22-30.

Note 2:

Section 22-45 shows how to index amounts.

S 22-35 inserted by No 26 of 2012, s 3 and Sch 1 item 10, applicable in relation to premiums, and amounts in respect of premiums, paid on and after 1 July 2012.