Federal Register of Legislation - Australian Government

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Rules/Other as made
This rule amends the Private Health Insurance (Council Administration Levy) Rules 2007.
Administered by: Health
Registered 28 Jun 2012
Tabling HistoryDate
Tabled HR14-Aug-2012
Tabled Senate14-Aug-2012
Date of repeal 19 Mar 2014
Repealed by Health (Spent and Redundant Instruments) Repeal Regulation 2014

Commonwealth Coat of Arms

Private Health Insurance (Council Administration Levy) Amendment Rule 2012 (No. 1)1

Private Health Insurance (Council Administration Levy) Act 2003

I, Tanya Plibersek, Minister for Health, make the following rule under section 9A of the Private Health Insurance (Council Administration Levy) Act 2003.

Dated 20 June 2012

Tanya Plibersek


1              Name of rule

                This rule is the Private Health Insurance (Council Administration Levy) Amendment Rule 2012 (No. 1).

2              Commencement

                This rule commences on 1 July 2012.

3              Amendment of Private Health Insurance (Council Administration Levy) Rules 2007

                Schedule 1 amends the Private Health Insurance (Council Administration Levy) Rules 2007.


Schedule 1        Amendments

(section 3)

  

[1]           Subrule 5 (1)

omit

         (1)   For

insert

For

[2]           Paragraphs 5 (1) (a) and (b)

omit

calculated

insert

worked out

[3]           Rule 5, note

omit

calculate

insert

work out

[4]           Rules 6 and 7

substitute

6              Rate for a single policy

         (1)   The rate for a single policy for each quarter of a financial year mentioned in column 2 of the following table is the amount in cents worked out using the formula in column 3 of the table.

Item

Financial year

Formula

1

2012–2013

155 650 000

single coverage policies + (2 Í joint coverage policies)

2

2013–2014

155 175 000

single coverage policies + (2 Í joint coverage policies)

3

2014–2015

155 475 000

single coverage policies + (2 Í joint coverage policies)

4

2015–2016

155 775 000

single coverage policies + (2 Í joint coverage policies)

         (2)   However, if the rate worked out for a single policy on issue from an insurer is more than 50 cents for the quarter, the rate for the policy is 50 cents.

         (3)   In this rule:

single coverage policies means the aggregate number of single policies on issue from all private health insurers on the census day.

joint coverage policies means the aggregate number of all joint policies on issue from all private health insurers on the census day.

7              Rate for a joint policy

         (1)   The rate for a joint policy for each quarter of a financial year mentioned in column 2 of the following table is the amount in cents worked out using the formula in column 3 of the table.

Item

Financial year

Formula

1

2012–2013

2 Í

155 650 000

single coverage policies + (2 Í joint coverage policies)

2

2013–2014

2 Í

155 175 000

single coverage policies + (2 Í joint coverage policies)

3

2014–2015

2 Í

155 475 000

single coverage policies + (2 Í joint coverage policies)

4

2015–2016

2 Í

155 775 000

single coverage policies + (2 Í joint coverage policies)

         (2)   However, if the rate worked out for a joint policy on issue from an insurer is more than $1 for the quarter, the rate for the policy is $1.

         (3)   In this rule:

single coverage policies means the aggregate number of single policies on issue from all private health insurers on the census day.

joint coverage policies means the aggregate number of all joint policies on issue from all private health insurers on the census day.


Note

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.comlaw.gov.au.