CHAPTER 6
-
ADMINISTRATION
PART 6-6
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PRIVATE HEALTH INSURANCE LEVIES
Division 307
-
Collection and recovery of private health insurance levies
SECTION 307-10
PAYMENT OF LEVY AND LATE PAYMENT PENALTY
307-10(1)
The following must be paid to the Commonwealth:
(a)
a
[*]
To find definitions of asterisked terms, see the Dictionary in Schedule
1
.
complaints levy;
(b)
a
[*]
To find definitions of asterisked terms, see the Dictionary in Schedule
1
.
late payment penalty in respect of a complaints levy;
(c)
a
[*]
To find definitions of asterisked terms, see the Dictionary in Schedule
1
.
national joint replacement register levy;
(d)
a late payment penalty in respect of a national joint replacement register levy;
(e)
a *medical devices and human tissue products levy;
(f)
a late payment penalty in respect of a medical devices and human tissue products levy.
History
S 307-10(1) amended by No 8 of 2023, s 3 and Sch 2 item 6, by inserting para (e) and (f), effective 1 July 2023. For application and transitional provisions, see note under s
72-15
.
S 307-10(1) amended by No 66 of 2009, s 3 and Sch 1 item 9, by inserting para (c) and (d), effective 1 July 2009.
307-10(2)
The following must be paid to
[*]
To find definitions of asterisked terms, see the Dictionary in Schedule
1
.
APRA, on behalf of the Commonwealth:
(a)
[*]
To find definitions of asterisked terms, see the Dictionary in Schedule
1
.
risk equalisation levy;
(b)
[*]
To find definitions of asterisked terms, see the Dictionary in Schedule
1
.
late payment penalty in respect of risk equalisation levy.
Note:
These amounts are to be credited to the Risk Equalisation Special Account: see section
318-5
.
History
S 307-10(2) substituted by No 87 of 2015, s 3 and Sch 1 item 132, effective 1 July 2015. For transitional provisions, see note under s
3-15
. S 307-10(2) formerly read:
307-10(2)
An amount of a kind specified in column 2 of the table must be paid to the Council. The amount is paid to the Council for the purpose specified in column 3 of the table:
Amounts payable to Council for certain purposes
|
Item
|
An amount of this kind ...
|
is payable to the Council for the purpose of
…
|
1 |
*collapsed insurer levy that is due and payable |
helping a private health insurer that is unable to meet its liabilities to its contributors to meet those liabilities. |
2 |
*late payment penalty in respect of *collapsed insurer levy |
helping a private health insurer that is unable to meet its liabilities to its contributors to meet those liabilities. |
3 |
*Council administration levy that is due and payable |
meeting the general administrative costs of the Council. |
4 |
*late payment penalty in respect of *Council administration levy |
meeting the general administrative costs of the Council. |
5 |
*risk equalisation levy that is due and payable |
the *Risk Equalisation Trust Fund |
6 |
*late payment penalty in respect of *risk equalisation levy |
the *Risk Equalisation Trust Fund |
307-10(3)
(Repealed by No 87 of 2015)
History
S 307-10(3) repealed by No 87 of 2015, s 3 and Sch 1 item 132, effective 1 July 2015. For transitional provisions, see note under s
3-15
. S 307-10(3) formerly read:
307-10(3)
The Consolidated Revenue Fund is appropriated for the purposes of subsection (2).