PRIVATE HEALTH INSURANCE COMPLAINTS LEVY ACT 1995 NO. 40, 1995 PRIVATE HEALTH INSURANCE COMPLAINTS LEVY ACT 1995 NO. 40, 1995 - TABLE OF PROVISIONS 1. Short title 2. Commencement 3. Interpretation 4. Act binds the Crown 5. Imposition of levy 6. Rate of levy 7. By whom is levy payable? 8. When is levy payable? 9. Regulations (Assented to 29 May 1995) PRIVATE HEALTH INSURANCE COMPLAINTS LEVY ACT 1995 No. 40, 1995 - LONG TITLE An Act to impose a levy on health insurance businesses conducted by registered organizations PRIVATE HEALTH INSURANCE COMPLAINTS LEVY ACT 1995 No. 40, 1995 - SECT 1 Short title 1. This Act may be cited as the Private Health Insurance Complaints Levy Act 1995. (Minister's second reading speech made in - House of Representatives on 2 February 1995 Senate on 28 February 1995) PRIVATE HEALTH INSURANCE COMPLAINTS LEVY ACT 1995 No. 40, 1995 - SECT 2 Commencement 2. This Act commences on 1 July 1995. PRIVATE HEALTH INSURANCE COMPLAINTS LEVY ACT 1995 No. 40, 1995 - SECT 3 Interpretation 3.(1) In this Act: "health insurance business" has the same meaning as in section 67 of the National Health Act 1953; "quarter" means a period of 3 months commencing on 1 January, 1 April, 1 July or 1 October in any year. (2) Unless a contrary intention appears, other words or expressions used in this Act have the same meanings in this Act as in the National Health Act 1953. PRIVATE HEALTH INSURANCE COMPLAINTS LEVY ACT 1995 No. 40, 1995 - SECT 4 Act binds the Crown 4. This Act binds the Crown in each of its capacities. PRIVATE HEALTH INSURANCE COMPLAINTS LEVY ACT 1995 No. 40, 1995 - SECT 5 Imposition of levy 5. Levy is imposed on the conducting of health insurance businesses by registered organizations. PRIVATE HEALTH INSURANCE COMPLAINTS LEVY ACT 1995 No. 40, 1995 - SECT 6 Rate of levy 6.(1) The rate of levy is the rate prescribed by the regulations. (2) The rate is to be based on the number of contributors who contribute to the health benefits fund by means of which a registered organization conducts its health insurance business. (3) The regulations may specify different rates of levy in respect of: (a) contributors who contribute to the health benefits fund in respect of one person; and (b) contributors who contribute to a health benefits fund in respect of more than one person. (4) The rate of levy must not exceed: (a) in respect of contributors who contribute to the health benefits fund in respect of one person-25 cents per quarter; or (b) in respect of contributors who contribute to a health benefits fund in respect of more than one person-50 cents per quarter. PRIVATE HEALTH INSURANCE COMPLAINTS LEVY ACT 1995 No. 40, 1995 - SECT 7 By whom is levy payable? 7. Levy is payable by the registered organization conducting the health insurance business. PRIVATE HEALTH INSURANCE COMPLAINTS LEVY ACT 1995 No. 40, 1995 - SECT 8 When is levy payable? 8. Levy is payable on the days prescribed by the regulations. PRIVATE HEALTH INSURANCE COMPLAINTS LEVY ACT 1995 No. 40, 1995 - SECT 9 Regulations 9. The Governor-General may make regulations prescribing matters required or permitted by this Act to be prescribed.