***** Repealed 1 July 2000 *****
PART 2 - THE INCENTIVES SCHEME
Division 5 - What effect does the scheme have on insurance premiums?
SECTION 5-2
PARTICIPANT IN THE INCENTIVES SCHEME
5-2(1)
[Registration]
A person is a participant in the incentives scheme for a financial year in respect of a private health insurance policy if:
(a)
the person is registered under Division 4 in respect of the policy for the year; or
(b)
the person has applied to be registered in respect of the policy for the year and the registration has not been refused.
5-2(2)
[Payment of premiums]
For the purposes of this Act, a person is taken, in respect of a payment of premium during July in a financial year, to be a participant in the incentives scheme if:
(a)
the person has not, at the time the payment is made, applied to be registered in respect of the private health insurance policy in question; and
(b)
on 30 June in the previous financial year, the person was registered under Division 4 in respect of the policy for that year.