PRIVATE HEALTH INSURANCE INCENTIVES ACT 1997
PART 2 - THE INCENTIVES SCHEME
Division 5 - What effect does the scheme have on insurance premiums?
SECTION 5-2 PARTICIPANT IN THE INCENTIVES SCHEME 5-2(1) [Registration] A person is a participant in the incentives scheme for a financial year in respect of a private health insurance policy if: (a) the person is registered under Division 4 in respect of the policy for the year; or (b) the person has applied to be registered in respect of the policy for the year and the registration has not been refused. 5-2(2) [Payment of premiums] For the purposes of this Act, a person is taken, in respect of a payment of premium during July in a financial year, to be a participant in the incentives scheme if: (a) the person has not, at the time the payment is made, applied to be registered in respect of the private health insurance policy in question; and (b) on 30 June in the previous financial year, the person was registered under Division 4 in respect of the policy for that year.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.