Commonwealth Consolidated Acts

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PRIVATE HEALTH INSURANCE (PRUDENTIAL SUPERVISION) ACT 2015 - SECT 67

Orders made on applications for appointments of terminating managers

  (1)   On an application under subsection   66(1), or under paragraph   60(7)(b), the Federal Court may make an order for the appointment of a terminating manager of the health benefits funds of a private health insurer, and any related orders.

  (2)   However, the Federal Court must not make an order for the appointment of a terminating manager unless it is satisfied that doing so will, in the circumstances, be in the interests of the policy holders of the funds.


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