Private Health Insurance Act 2007

Pt 6-3 repealed by No 87 of 2015, s 3 and Sch 1 item 126, effective 1 July 2015.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 .

Div 270 repealed by No 87 of 2015, s 3 and Sch 1 item 126, effective 1 July 2015.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S 270-45 repealed by No 62 of 2014, s 3 and Sch 11 item 71, effective 1 July 2014. For transitional and application provisions, see note under s 253-50 . S 270-45 formerly read:

SECTION 270-45 DISCLOSURE OF INTERESTS  
270-45(1)
A *member who has a direct or indirect pecuniary interest in a matter being considered or about to be considered by the Council must disclose the nature of the interest to a meeting of the Council.

270-45(2)
The disclosure must be made as soon as possible after the relevant facts have come to the *member ' s knowledge.

270-45(3)
The disclosure must be recorded in the minutes of the meeting of the Council.

270-45(4)
Unless the Minister or the Council otherwise determines, the *member:
(a) must not be present during any deliberation by the Council on the matter; and
(b) must not take part in any decision of the Council with respect to the matter.

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History

S 270-45(4) amended by No 180 of 2007, s 3 and Sch 1 item 4A, by substituting " Unless the Minister or the Council otherwise determines, the *member " for " The *member " , effective 29 September 2007. For transitional provisions, see note under s 270-45(5) .

270-45(5)
For the purposes of the Council making a determination under subsection (4) in relation to a *member who has made a disclosure under subsection (1), a member who has a direct or indirect pecuniary interest in the matter to which the disclosure relates must not:
(a) be present during any deliberations of Council for the purposes of making the determination; or
(b) take part in the making by the Council of the determination.

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History

S 270-45(5) inserted by No 180 of 2007, s 3 and Sch 1 item 4B, effective 29 September 2007. No 180 of 2007, s 3 and Sch 1 items 5 and 6 contain the following transitional provisions:

5 Transitional provision in relation to health cover for overseas visitors  
(1)
This item applies in relation to business that, at any time in the period starting on 1 April 2007 and ending on 30 June 2008 (the transition period ), is covered by subrule 17(2) of the Private Health Insurance (Health Insurance Business) Rules made under the Private Health Insurance Act 2007 .

(2)
During the transition period, sections 63-1 and 84-1 of the Private Health Insurance Act 2007 do not apply in relation to insurance that is that kind of business.
6 Certain business taken to be health insurance business for certain purposes during transition period  
6
For the purposes of:
(a) paragraphs 12BAA(7)(d) and (8)(b) of the Australian Securities and Investments Commission Act 2001 ; and
(b) paragraph 765A(1)(c) of the Corporations Act 2001 ; and
(c) paragraph (k) of the definition of insurance business in subsection 3(1) of the Insurance Act 1973 ; and
(d) paragraph 9(1)(b) of the Insurance Contracts Act 1984 ;

business that, at any time during the period starting on the day this item commences and ending on 30 June 2008, is covered by rule 18 of the Private Health Insurance (Health Insurance Business) Rules made under the Private Health Insurance Act 2007 is, during that period, taken to be health insurance business.