Private Health Insurance Act 2007
Hide history note
View history notePt 2-2 heading substituted by No 105 of 2013, s 3 and Sch 2 item 3, effective 1 July 2013. The heading formerly read:
PART 2-2 - PREMIUMS REDUCTION AND INCENTIVE PAYMENTS SCHEMES
To encourage people to take out, and continue to hold, private health insurance, this Part provides that people may reduce the premiums payable for their complying health insurance policies by participating in the premiums reduction scheme in Division 23 .
Note:
The premiums reduction scheme is complemented by the private health insurance offset provided for by Subdivision 61-G of the Income Tax Assessment Act 1997 .
S 20-1 substituted by No 105 of 2013, s 3 and Sch 2 item 4, effective 1 July 2013. S 20-1 formerly read:
To encourage people to take out, and continue to hold, private health insurance, this Part provides that people may either: The premiums reduction scheme and the incentive payments scheme are complemented by the private health insurance offset provided for by Subdivision 61-G of the
Income Tax Assessment Act 1997
.
SECTION 20-1 WHAT THIS PART IS ABOUT
20-1
(a)
reduce the premiums payable for their complying health insurance policies by participating in the premiums reduction scheme in Division 23; or
(b)
receive a payment from the Commonwealth under Division 26 in partial reimbursement for a payment of premiums under a complying health insurance policy.
Note:
S 20-1 amended by No 32 of 2007, s 3 and Sch 3 item 9D, by substituting " Subdivision 61-G " for " Subdivision 61-H " in the note, effective 1 July 2007.
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.
