Commonwealth Numbered Acts Commonwealth Numbered Acts(1) This section applies to levy payable, in accordance with subsection 8(4A) of the Financial Institutions Supervisory Levies Collection Act 1998 , by a private health insurer for a quarter in the financial year starting on 1 July 2015.
(2) The amount of supervisory levy payable by the private health insurer for the quarter is the amount of Council administration levy that would have been payable by the insurer in respect of the quarter under the Private Health Insurance (Council Administration Levy) Rules 2007 if those Rules (and the Private Health Insurance (Council Administration Levy) Act 2003 ), as in force immediately before the commencement of this section, had continued to apply.