Commonwealth Consolidated Acts

MEDICAL INDEMNITY ACT 2002 - SECT 34ZU

  (1)   If:

  (a)   a person ceases to be a person to whom subsection   34ZB(2) applies; and

  (b)   immediately before the cessation, an MDO or medical indemnity insurer was providing medical indemnity cover (within the meaning of the Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 ) to the person;

the MDO or medical indemnity insurer must notify the Chief Executive Medicare of the cessation.

Note:   Failure to notify is an offence (see section   46).

  (2)   The notification must:

  (a)   be in writing; and

  (b)   set out details of the cessation; and

  (c)   be given to the Chief Executive Medicare within a period, starting on the day after the day on which the person becomes aware of the cessation, of:

  (i)   61 days; or

  (ii)   such greater number of days specified in the rules.