Private Health Insurance Amendment Act (No. 1) 2014
No. 123, 2014
An Act to amend the Private Health Insurance Act 2007, and for related purposes
Contents
1............ Short title............................................................................................. 1
2............ Commencement................................................................................... 2
3............ Schedules............................................................................................ 2
Schedule 1—Amendments 3
Private Health Insurance Act 2007 3
Private Health Insurance Amendment Act (No. 1) 2014
No. 123, 2014
An Act to amend the Private Health Insurance Act 2007, and for related purposes
[Assented to 26 November 2014]
The Parliament of Australia enacts:
1 Short title
This Act may be cited as the Private Health Insurance Amendment Act (No. 1) 2014.
2 Commencement
This Act commences on the day this Act receives the Royal Assent.
3 Schedules
Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.
Schedule 1—Amendments
Private Health Insurance Act 2007
1 After subsection 22‑45(3)
Insert:
(3A) Do not index the amount for the 2015‑16, 2016‑17 or 2017‑18 financial year.
(3B) If the amount is not indexed for a financial year because of the operation of subsection (3A), the amount for the financial year is the amount for the most recent financial year for which the amount was indexed.
[Minister’s second reading speech made in—
House of Representatives on 24 September 2014
Senate on 29 October 2014]