Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) An amount of $250,000 is payable to each of the following medical indemnity insurers (in addition to any other amount payable to the insurer under this Part):
(a) Avant Insurance Limited ACN 003 707 471;
(b) MDA National Insurance Pty Ltd ACN 058 271 417;
(c) Medical Insurance Australia Pty Ltd ACN 092 709 629;
(d) MIPS Insurance Pty Ltd ACN 089 048 359.
(2) The Chief Executive Medicare must pay an amount payable under this section to a medical indemnity insurer within 30 days of the insurer making a written application for the payment.