S 217-1 repealed by No 87 of 2015, s 3 and Sch 1 item 123, effective 1 July 2015.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 217-1 formerly read:
SECTION 217-1 PURPOSE OF DIVISION
217-1
The purpose of this Division is to permit the business, affairs and property of a *health benefits fund under *external management to be managed in a way:
(a)
that 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; or
(b)
if it is not possible for that coverage to be maintained
-
that, to the extent possible, safeguards the financial interests of those policy holders if the fund is terminated.