Commonwealth Consolidated Acts

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PRIVATE HEALTH INSURANCE (PRUDENTIAL SUPERVISION) ACT 2015 - SECT 63

Effect of things done during external management of health benefits funds

    A payment made, transaction entered into, or other act or thing done, in good faith, by, or with the consent of, the external manager of a health benefits fund:

  (a)   is valid and effectual for the purposes of this Act and the Private Health Insurance Act 2007 , and for the purposes of the Corporations Act 2001 as it applies in relation to the fund; and

  (b)   is not liable to be set aside in a termination of the fund.



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