Document ID: chunk:federal_register_of_legislation:F2023C00041:reg:20
Version: federal_register_of_legislation:F2023C00041
Segment Type: reg
Provision Reference: reg 20
Character Range: 19902–21461

20  Matters to be reported annually
 (1) For the purposes of section 53B of the Act, this section specifies matters required by that section to be notified to the Secretary by a medical indemnity insurer that, in a financial year:
 (a) refuses to enter into a contract of insurance with a medical practitioner to provide professional indemnity cover; or
 (b) requires a medical practitioner to pay a risk surcharge.
 (2) For the purposes of paragraph 53B(1)(b) of the Act, this subsection specifies the following:
 (a) the number of refusals that:
 (i) are made in the financial year by the medical indemnity insurer; and
 (ii) are the subjects of complaints made in accordance with the AFCA scheme before the notification is made (whether or not the complaints are resolved before the notification is made);
 (b) the number of occasions in the financial year on which a medical practitioner withdrew an invitation made by the practitioner to the medical indemnity insurer for the insurer to offer to enter into a contract of insurance with the practitioner to provide professional indemnity cover.
 (3) For the purposes of paragraph 53B(2)(b) of the Act, this subsection specifies the number of requirements to pay risk surcharge that:
 (a) are made in the financial year by the medical indemnity insurer; and
 (b) are the subjects of complaints made in accordance with the AFCA scheme before the notification is made (whether or not the complaints are resolved before the notification is made).

Part 4—Payments towards the cost of providing indemnities