Private Health Insurance Act 2007

Pt 5-3 repealed by No 87 of 2015, s 3 and Sch 1 item 123, effective 1 July 2015.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 .

Div 217 repealed by No 87 of 2015, s 3 and Sch 1 item 123, effective 1 July 2015.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 .

Subdiv 217-E repealed by No 87 of 2015, s 3 and Sch 1 item 123, effective 1 July 2015.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S 217-60 repealed by No 87 of 2015, s 3 and Sch 1 item 123, effective 1 July 2015.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 217-60 formerly read:

SECTION 217-60 COURT ORDERS IN RESPECT OF SCHEMES OF ARRANGEMENT  
217-60(1)
If, under paragraph 217-55(2)(a), the Council directs the *external manager to apply under this subsection to give effect to a course of action of a kind specified in paragraph 217-50(4)(a), the external manager must apply to the Federal Court for an order or orders to give effect to the course of action.

Note:

For what is to happen if the course of action is to be termination of a fund, see subsection 220-1(1).

217-60(2)
On an application under subsection (1) of this section, or under paragraph 217-55(4)(a), for such an order or orders:
(a) the Council and any other person interested are entitled to be heard; and
(b) the Federal Court may make such order or orders in respect of the course of action the subject of the application as it considers to be, in all the circumstances, in the interests of the *policy holders of the *health benefits fund concerned.

217-60(3)
An order under this section:
(a) is binding on all persons; and
(b) takes effect despite anything in the constitution or other *rules of the *responsible insurer for the fund concerned.

217-60(4)
To avoid doubt, an order of the Federal Court is not required:
(a) in order to give effect to a *voluntary deed of arrangement - if the Council approves the execution of the deed; or
(b) in order to effect a termination of an *external management.