House of Representatives
Private Health Insurance (Prudential Supervision) Bill 2015
Private Health Insurance (Prudential Supervision) (Consequential Amendments And Transitional Provisions) Bill 2015
Private Health Insurance Supervisory Levy Imposition Bill 2015
Private Health Insurance Supervisory Levy Imposition Act 2015
Private Health Insurance (Risk Equalisation Levy) Amendment Bill 2015
Private Health Insurance (Risk Equalisation Levy) Amendment Act 2015
Private Health Insurance (Collapsed Insurer Levy) Amendment Bill 2015
Private Health Insurance (Collapsed Insurer Levy) Amendment Act 2015
Explanatory Memorandum
(Circulated by the authority of the Treasurer, the Hon J. B. Hockey MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
| AAT | Administrative Appeals Tribunal |
| ADI | Authorised deposit-taking institution within the meaning of the Banking Act 1959 |
| APRA | Australian Prudential Regulation Authority |
| APRA Act | Australian Prudential Regulation Authority Act 1998 |
| Collapsed Insurer Levy Act | Private Health Insurance (Collapsed Insurer Levy) Act 2003 |
| Collapsed Insurer Levy Amendment Bill | Private Health Insurance (Collapsed Insurer Levy) Amendment Bill 2015 |
| Consequential Amendments and Transitional Provisions Bill | Private Health Insurance (Prudential Supervision) (Consequential Amendments and Transitional Provisions) Bill 2015 |
| Corporations Act | Corporations Act 2001 |
| CRC | Convention on the Rights of the Child |
| Criminal Code | Criminal Code Act 1995 |
| Crimes Act | Crimes Act 1914 |
| CRPD | Convention on the Rights of Persons with Disabilities |
| FISLC Act | Financial Institutions Supervisory Levies Collection Act 1998 |
| FS(CoD) Act | Financial Sector (Collection of Data) Act 2001 |
| ICCPR | International Covenant on Civil and Political Rights |
| Insurer | Registered Private Health Insurer |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| Legislative Instruments Act | Legislative Instruments Act 2003 |
| Life Insurance Act | Life Insurance Act 1995 |
| PHI Act | Private Health Insurance Act 2007 |
| Prudential Supervision Bill | Private Health Insurance (Prudential Supervision) Act Bill 2015 |
| Regulatory Powers Act | Regulatory Powers (Standard Provisions) Act 2014 |
| Risk Equalisation Levy Act | Private Health Insurance (Risk Equalisation Levy) Act 2003 |
| Risk Equalisation Levy Amendment Bill | Private Health Insurance (Risk Equalisation Levy) Amendment Bill 2015 |
| SIS Act | Superannuation Industry (Supervision) Act 1993 |
| SISs | Standard Information Statements |
| SRC Act | Safety, Rehabilitation and Compensation Act 1998 |
| Supervisory Levy Imposition Bill | Private Health Insurance Supervisory Levy Imposition Bill 2015 |
| the Committee | The United Nations Committee on Economic, Social and Cultural Rights |
| the Council | Private Health Insurance Administration Council |