PRIVATE HEALTH INSURANCE (TRANSITIONAL PROVISIONS AND CONSEQUENTIAL AMENDMENTS) ACT 2007

PART 4 - TRANSITIONAL PROVISIONS RELATING TO CHAPTER 4 OF THE NEW ACT  

Division 2 - Registration  

SECTION 20   RESTRICTED MEMBERSHIP ORGANIZATIONS  

(1)    
An organisation that, immediately before the commencement time:


(a) was a registered organization; and


(b) was a restricted membership organization within the meaning of the National Health Act 1953 ;

is taken, for the purposes of the new Act, on the commencement time to be registered as a restricted access insurer.


(2)    
Subsection (1) does not prevent the organisation from ceasing to be registered as a restricted access insurer after the commencement time.


 

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