Commonwealth Numbered Acts

PRIVATE HEALTH INSURANCE (TRANSITIONAL PROVISIONS AND CONSEQUENTIAL AMENDMENTS) ACT 2007 (NO. 32, 2007) - SECT 19

             (1)  An organisation that:

                     (a)  was a registered organization immediately before the commencement time; and

                     (b)  was at that time conducted for profit;

is taken, for the purposes of the new Act, on the commencement time to be registered as a for profit insurer.

             (2)  Subsection (1) does not prevent the organisation from ceasing to be registered as a for profit insurer after the commencement time.