Medical Indemnity (IBNR Indemnity) Contribution Regulations 2004

I, PHILIP MICHAEL JEFFERY, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Medical Indemnity (IBNR Indemnity) Contribution Act 2002.

Dated 19 February 2004

P. M. JEFFERY

Governor-General

By His Excellency’s Command

TONY ABBOTT

1              Name of Regulations

                These Regulations are the Medical Indemnity (IBNR Indemnity) Contribution Regulations 2004.

2              Commencement

                These Regulations commence on the date of their notification in the Gazette.

3              Medical Indemnity (IBNR Indemnity) Contribution Regulations 2003 — repeal

                Statutory Rules 2003 No. 197 is repealed.

4              Definition

                In these Regulations:

Act means the Medical Indemnity (IBNR Indemnity) Contribution Act 2002.

5              Last contribution year for UMP

                For subsection 5 (2) of the Act, the financial year that starts on 1 July 2008 is declared to be the last contribution year for United Medical Protection Limited.

6              Imposition day for contribution year starting on 1 July 2003

                For subparagraph 5 (3) (a) (ii) of the Act, 1 May 2004 is specified as the imposition day for the contribution year that starts on 1 July 2003.

1.       Notified in the Commonwealth of Australia Gazette on 20 February 2004.