Commonwealth Consolidated Acts

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PRIVATE HEALTH INSURANCE ACT 2007 - SECT 307.10

Payment of levy and late payment penalty

  (1)   The following must be paid to the Commonwealth:

  (a)   a * complaints levy;

  (b)   a * late payment penalty in respect of a complaints levy;

  (c)   a * national joint replacement register levy;

  (d)   a late payment penalty in respect of a national joint replacement register levy;

  (e)   a * medical devices and human tissue products levy;

  (f)   a late payment penalty in respect of a medical devices and human tissue products levy.

  (2)   The following must be paid to * APRA, on behalf of the Commonwealth:

  (a)   * risk equalisation levy;

  (b)   * late payment penalty in respect of risk equalisation levy.

Note:   These amounts are to be credited to the Risk Equalisation Special Account: see section   318 - 5.


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