Document ID: chunk:federal_register_of_legislation:F2024C01011:reg:63
Version: federal_register_of_legislation:F2024C01011
Segment Type: reg
Provision Reference: reg 63
Character Range: 62010–62674

63  One‑off payments to certain insurers
 (1) An amount of $250,000 is payable to each of the following medical indemnity insurers (in addition to any other amount payable to the insurer under this Part):
 (a) Avant Insurance Limited ACN 003 707 471;
 (b) MDA National Insurance Pty Ltd ACN 058 271 417;
 (c) Medical Insurance Australia Pty Ltd ACN 092 709 629;
 (d) MIPS Insurance Pty Ltd ACN 089 048 359.
 (2) The Chief Executive Medicare must pay an amount payable under this section to a medical indemnity insurer within 30 days of the insurer making a written application for the payment.

Part 8—Recovery of overpayments and amounts required to be repaid