S 264-15 repealed by No 87 of 2015, s 3 and Sch 1 item 126, effective 1 July 2015. For transitional provisions, see note under s
3-15
. S 264-15 formerly read:
SECTION 264-15 REPORT ON PRIVATE HEALTH INSURERS
264-15(1)
The Council must, as soon as practicable after 30 September in each year, give the Minister a report, for presentation to the Parliament, on the operations of private health insurers during the financial year ending on 30 June in that year.
Note:
See also section 34C of the
Acts Interpretation Act 1901
, which contains extra rules about annual reports.
264-15(2)
The report must include, in respect of each *health benefits fund conducted by a private health insurer during the year to which the report relates, the following information:
(a)
premiums payable to the fund;
(b)
other amounts payable to the fund;
(c)
fund benefits payable out of the fund;
(d)
management expenses;
(e)
other amounts payable out of the fund;
(f)
the balance of the fund as at the end of that year;
(g)
details of how the reserves of the fund have been invested;
(h)
such other information as the Minister requires to be included.
History
S 264-15(2) amended by No 62 of 2014, s 3 and Sch 11 item 65, by repealing the note, effective 1 July 2014. For transitional and application provisions, see note under s
253-50
. The note formerly read:
Note:
An annual report on the Council
'
s operations must also be prepared under section 9 of the
Commonwealth Authorities and Companies Act 1997
.
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