Commonwealth Numbered Acts

NATIONAL HEALTH AMENDMENT ACT 1976 No. 60, 1976 - SECT 26

26. After section 74 of the Principal Act the following sections are
inserted:- Registered organization not to be wound up.
''74A. A registered organization shall not, so long as it continues to be a
registered organization, be wound up under a law of a State or Territory.
Conduct of medical benefits funds or hospital benefits funds.
''74B. A registered organization shall conduct a medical benefits fund or
hospital benefits fund in accordance with-

   (a)  the provisions of this Act and the regulations;

   (b)  any term or condition of registration that is imposed by or under this
        Act relating to the fund;

   (c)  any direction of the Minister given under this Act relating to the
        fund that has been served on the organization; and

   (d)  the provisions of the constitution, articles of association and rules
        of the organization other than provisions that are inconsistent with-

        (i)    this Act or the regulations;

        (ii)   a term or condition referred to in paragraph (b); or

        (iii)  a direction referred to in paragraph (c), and not otherwise.
               Registered organizations to keep records and furnish
               information.
''74C. (1) A registered organization shall keep such financial and other
records concerning the operation of a medical benefits fund or a hospital
benefits fund conducted by it as the Minister requires, from time to time, by
a direction served on the organization.

''(2) A registered organization shall furnish to the Permanent Head such
information drawn from the records kept by the organization relating to the
operation of a medical benefits fund or a hospital benefits fund conducted by
it as the Minister requires, from time to time, by a direction served on the
organization.''.