(1)

This section applies if, during a particular financial year, one or more payments are made by the Commonwealth to:

(a)

Australasian Medical Insurance Limited; or

(b)

an insolvency representative of Australasian Medical Insurance Limited; or

(c)

United Medical Protection Limited; or

(d)

an insolvency representative of United Medical Protection Limited; or

(e)

any other person;

under a Medical Indemnity Agreement.

(2)

As soon as practicable after the end of the financial year, the Minister must cause to be prepared a statement about the payments.

(3)

The Minister must cause a copy of the statement to be tabled in each House of the Parliament within 15 sitting days of that House after the completion of the preparation of the report.