Medical and Midwife Indemnity Legislation Amendment Act 2019 (105 of 2019)

Schedule 4   Instruments

Part 1   Amendments

Medical Indemnity Act 2002

99   Subsection 34ZN(1)

Repeal the subsection, substitute:

(1) The regulations may provide in relation to:

(a) making payments to MDOs and medical indemnity insurers of claim handling fees in respect of eligible run-off claims; and

(b) making payments on account of legal, administrative or other costs incurred by MDOs and medical indemnity insurers (whether on their own behalf or otherwise) in respect of eligible run-off claims; and

(c) making payments on account of legal, administrative or other costs incurred by medical indemnity insurers (whether on their own behalf or otherwise) in respect of complying with Division 2A of Part 3 of the Medical Indemnity (Prudential Supervision and Product Standards) Act 2003.