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PRIVATE HEALTH INSURANCE (PRUDENTIAL SUPERVISION) ACT 2015 - SECT 53

External managers to displace management of funds

    If a person is appointed as external manager of a health benefits fund, then, for so long as the fund is under external management:

  (a)   the management of the fund vests in the external manager; and

  (b)   any officer of the responsible insurer for the fund who was vested with the management of the fund immediately before the appointment of the external manager is, by force of this section, divested of that management.


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