Commonwealth Numbered Regulations

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1990 No. 24 NATIONAL HEALTH REGULATIONS (AMENDMENT) - REG 3

Application for registration as registered health benefits organisation
3. Regulation 19 of the Principal Regulations is amended:
  (a) by omitting from subregulation (1) "form authorized for the pu   rposes

of this regulation" and substituting " approved form";
(b) by omitting from each of paragraphs (2) (a) and (b) "a copy" and
substituting "2 copies";
(c) by omitting from each of paragraphs (2) (c), (d) and (e) "the health
benefits fund of the organization" and substituting " each relevant health
benefits fund";

   (d)  by omitting paragraph (2) (f) and substituting the following
        paragraph:

"(f) a statement showing, in respect of each relevant health benefits fund,
the ratio that the estimated amount of the management and administrative
expenses in respect of the conduct of that fund bears to the estimated amount
of contributions to that fund;";

   (e)  by omitting from paragraph (2) (g) "and" (last occurring);

   (f)  by adding at the end of subregulation (2) the following paragraphs:

"(i) a written statement, signed by an actuary, stating, in respect of
each relevant health benefits fund, that, having regard to the estimated
number of contributors to the fund shown in the statement referred to in
paragraph (e), the estimates set out or shown in the statements referred to in
paragraphs (c), (d) and (f) are reasonable and consistent; and

   (j)  a statement setting out, in general terms, in relation to each
        Director (if any) or other officer of the organisation responsible for
        the conduct of the affairs of the organisation (including each member
        of any Management Committee, or other similar body, of the
        organisation), particulars of any employment or other experience
        relevant to the conduct of a business.";

   (g)  by inserting after subregulation (2) the following subregulation:

"(2A) For the purposes of subregulation (2), 'relevant health benefits fund',
in relation to an organisation, means a health benefits fund to be conducted
by the organisation in respect of a State specified in an application made by
the organisation under subsection 68 (1A) of the Act.";

   (h)  by omitting from subparagraph (3) (b) (ii) "paragraphs 2 (c)" and
        substituting "paragraphs (2) (c)". 


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