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

Schedule 5   Universal cover

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003

6   Application

(1) Sections 52A, 52B and 52D of the Medical Indemnity Act 2002, as inserted by this Schedule, apply in relation to any refusal to enter into a contract of insurance that occurs after the commencement of this item:

(a) whether or not a request to enter into a contract is made; and

(b) if a request to enter into a contract is made - whether it is made before or after the commencement of this item.

(2) Section 52C of the Medical Indemnity Act 2002, as inserted by this Schedule, applies in relation to any professional indemnity cover provided or to be provided by a contract of insurance entered into after the commencement of this item.

(3) Section 53B of the Medical Indemnity Act 2002, as inserted by this Schedule, applies in relation to financial years starting on or after 1 July 2020.

(4) Section 53D of the Medical Indemnity Act 2002, as inserted by this Schedule, applies in relation to any period starting on or after 1 July 2020.