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This is a Bill, not an Act. For current law, see the Acts databases.
2013-2014-2015
The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
Private Health Insurance (Risk
Equalisation Levy) Amendment Bill 2015
No. , 2015
(Treasury)
A Bill for an Act to amend the Private Health
Insurance (Risk Equalisation Levy) Act 2003, and
for related purposes
No. , 2015
Private Health Insurance (Risk Equalisation Levy) Amendment Bill
2015
i
Contents
1
Short title ........................................................................................... 1
2
Commencement ................................................................................. 1
3
Schedules ........................................................................................... 2
Schedule 1--Amendments
3
Private Health Insurance (Risk Equalisation Levy) Act 2003
3
No. , 2015
Private Health Insurance (Risk Equalisation Levy) Amendment Bill
2015
1
A Bill for an Act to amend the Private Health
1
Insurance (Risk Equalisation Levy) Act 2003, and
2
for related purposes
3
The Parliament of Australia enacts:
4
1 Short title
5
This Act may be cited as the Private Health Insurance (Risk
6
Equalisation Levy) Amendment Act 2015.
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2 Commencement
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(1) Each provision of this Act specified in column 1 of the table
9
commences, or is taken to have commenced, in accordance with
10
column 2 of the table. Any other statement in column 2 has effect
11
according to its terms.
12
2
Private Health Insurance (Risk Equalisation Levy) Amendment Bill
2015
No. , 2015
1
Commencement information
Column 1
Column 2
Column 3
Provisions
Commencement
Date/Details
1. The whole of
this Act
At the same time as section 1 of the Private
Health Insurance (Prudential Supervision)
Act 2015 commences.
Note:
This table relates only to the provisions of this Act as originally
2
enacted. It will not be amended to deal with any later amendments of
3
this Act.
4
(2) Any information in column 3 of the table is not part of this Act.
5
Information may be inserted in this column, or information in it
6
may be edited, in any published version of this Act.
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3 Schedules
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Legislation that is specified in a Schedule to this Act is amended or
9
repealed as set out in the applicable items in the Schedule
10
concerned, and any other item in a Schedule to this Act has effect
11
according to its terms.
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Amendments Schedule 1
No. , 2015
Private Health Insurance (Risk Equalisation Levy) Amendment Bill
2015
3
Schedule 1
--Amendments
1
2
Private Health Insurance (Risk Equalisation Levy) Act 2003
3
1 Section 5
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Insert:
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APRA means the Australian Prudential Regulation Authority.
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2 Section 5 (definition of Council)
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Repeal the definition.
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3 Section 5 (definition of registered health benefits
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organization)
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Repeal the definition.
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4 Section 5 (definition of Risk Equalisation Trust Fund)
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Repeal the definition.
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5 Subsections 7(1) and (2)
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Omit "the Council", substitute "APRA".
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6 Section 8 (heading)
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Repeal the heading, substitute:
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8 Minister to obtain advice from APRA
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7 Section 8
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Omit "the Council", substitute "APRA".
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8 Sections 9 and 10
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Repeal the sections.
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9 Subsection 11(2)
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Omit "the Council", substitute "APRA".
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Schedule 1 Amendments
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Private Health Insurance (Risk Equalisation Levy) Amendment Bill
2015
No. , 2015
10 Transitional
--continued effect of determinations relating
1
to risk equalisation levy
2
A determination in force immediately before the commencement of this
3
item under section 6 or 7 of the Private Health Insurance (Risk
4
Equalisation Levy) Act 2003 has effect after that time as if it had been
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made in accordance with that Act as amended by this Act.
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