Commonwealth Consolidated Acts

MEDICAL INDEMNITY ACT 2002 - SECT 34ZR

  (1)   A payment that the Commonwealth is liable to make in relation to an affected medical practitioner:

  (a)   must be paid to a person who:

  (i)   is nominated by the practitioner; and

  (ii)   has, on or after the termination date, provided medical indemnity cover for the practitioner under a contract of insurance; and

  (b)   must be paid as all or part of the premium payable for the provision of that cover; and

  (c)   must be paid within 12 months after the termination date; and

  (d)   must not exceed the practitioner's total run - off cover credit.

  (2)   Amounts payable by the Commonwealth under this Subdivision are payable out of the Consolidated Revenue Fund, which is appropriated accordingly.