Commonwealth Numbered Acts

PRIVATE HEALTH INSURANCE ACT 2007 (NO. 31, 2007) - SECT 126.45

             (1)  The Council must cancel the registration of a private health insurer if:

                     (a)  the insurer has not conducted * health insurance business during the preceding 12 months; or

                     (b)  the insurer's * health benefits funds have been terminated under Division 149.

             (2)  The Council must:

                     (a)  notify the insurer in writing of the cancellation; and

                     (b)  within 7 days after the cancellation, notify the Secretary in writing of the cancellation; and

                     (c)  within one month after the cancellation, publish in the Gazette a notification of the cancellation.