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Health Insurance (prudential standard) determination No. 3 of 2023
No longer in force
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Administered by
Department of the Treasury
This item is authorised by the following title:
Private Health Insurance (Prudential Supervision) Act 2015
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F2023L00687
02 June 2023
-
30 September 2024
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Explanatory statement
Supporting material 1
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Authority
Application and commencement
Interpretation
Adjustments and exclusions
Previous exercise of discretion
Definitions
Capital base of a private health insurer
Common Equity Tier 1 Capital
Additional Tier 1 Capital
Tier 2 Capital
Additional Tier 1 or Tier 2 Capital issued overseas by the private health insurer
Intra-group capital transactions
Holding of capital instruments in group members by other group members
Capital base of a health benefits fund
Capital base of a general fund
Collapse
Transition
Attachment SEQ Attach \* ALPHABETIC \* MERGEFORMAT A – Criteria for classification as paid-up ordinary shares
Attachment SEQ Attach \* ALPHABETIC \* MERGEFORMAT B – Regulatory adjustments
Attachment SEQ Attach \* ALPHABETIC \* MERGEFORMAT C – Criteria for inclusion in Additional Tier 1 Capital
Attachment SEQ Attach \* ALPHABETIC \* MERGEFORMAT D – Criteria for inclusion in Tier 2 Capital
Attachment SEQ Attach \* ALPHABETIC \* MERGEFORMAT E - Loss absorption at the point of non-viability: Additional Tier 1 and Tier 2 Capital instruments
Attachment F – Mutual Equity Interests
Attachment G – Transitional arrangements