PRIVATE HEALTH INSURANCE (TRANSITIONAL PROVISIONS AND CONSEQUENTIAL AMENDMENTS) ACT 2007

PART 6 - TRANSITIONAL PROVISIONS RELATING TO CHAPTER 6 OF THE NEW ACT  

Division 1 - Private Health Insurance Ombudsman  

Subdivision C - Reference to, and things done by or in relation to, old Ombudsman  

SECTION 36   FINANCIAL STATEMENTS AND OTHER REPORTING REQUIREMENTS  
Reporting requirements

(1)    
If:

(a) immediately before the Ombudsman conversion time, a law required the old Ombudsman to provide a report (whether financial statements or otherwise) for a period; and

(b) the period ends after the Ombudsman conversion time;

the Private Health Insurance Ombudsman must provide the report, as required, for so much of the period as occurs before the Ombudsman conversion time.

(2)    
If:

(a) under subsection (1), the Private Health Insurance Ombudsman is required to provide a report for a part of a period; and

(b) the Private Health Insurance Ombudsman is also required to provide a similar report for the remainder of the period;

the Private Health Insurance Ombudsman may meet the requirements in a single report for the period.

(3)    
If the Private Health Insurance Ombudsman does not provide the report mentioned in subsection (1) in the way mentioned in subsection (2), the Private Health Insurance Ombudsman must provide the report no more than 4 months after the Ombudsman conversion time.

Outstanding reporting requirements

(4)    
If:

(a) a law required the old Ombudsman to provide a report (whether financial statements or otherwise) for a period that ended before the Ombudsman conversion time; and

(b) the report has not been provided by the Ombudsman conversion time;

the Private Health Insurance Ombudsman must provide the report as required.