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PRIVATE HEALTH INSURANCE (TRANSITIONAL PROVISIONS AND CONSEQUENTIAL AMENDMENTS) ACT 2007 (NO. 32, 2007) - SECT 20

Restricted membership organizations

             (1)  An organisation that, immediately before the commencement time:

                     (a)  was a registered organization; and

                     (b)  was a restricted membership organization within the meaning of the National Health Act 1953 ;

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

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


 



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