S 26-5 repealed by No 26 of 2012, s 3 and Sch 1 item 16, applicable in relation to premiums, and amounts in respect of premiums, paid on and after 1 July 2012. S 26-5 formerly read:
SECTION 26-5 PAYMENT AFTER A PERSON 65 YEARS OR OVER CEASES TO BE COVERED BY POLICY
26-5(1)
If:
(a)
at any time, a payment of an amount of 35% or 40% of the premiums payable under an insurance policy (the
original policy
) was made to a person because a person aged 65 years or over (the
entitling person
) was insured under the original policy; and
(b)
at that time, another person (other than a *dependent child) was insured under the original policy; and
(c)
the entitling person subsequently ceases to be insured under the original policy;
subsections 26-1(2) and (3) apply in relation to a *complying health insurance policy (whether or not the original policy) under which the other person is insured (other than for the purposes of working out the *incentive amount) as if:
(d)
the entitling person were also insured under that policy; and
(e)
the entitling person were the same age as the age at which he or she ceased to be insured under the original policy.
26-5(2)
Subsection (1) ceases to apply if a person (other than a *dependent child) who was not insured under the original policy at the time the entitling person ceased to be insured under it becomes insured under the *complying health insurance policy.
26-5(3)
Subsection (1) does not apply if its application would result in the amount payable under subsection 26-1(2) or (3) being less than it would otherwise have been.
26-5(4)
Paragraph (1)(a) applies in relation to a payment of an amount of 35% or 40% of the premiums payable under an insurance policy whether the payment was made under this Part or under Chapter 2 of the
Private Health Insurance Incentives Act 1998
.
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