Document ID: chunk:federal_register_of_legislation:F2020L00449:reg:5
Version: federal_register_of_legislation:F2020L00449
Segment Type: reg
Provision Reference: reg 5
Character Range: 1892–3526

5  Definitions
Note: A number of expressions used in this instrument are defined in the Act, including the following:
(a) MDO;
(b) medical indemnity insurer;
(c) provide medical indemnity cover.
 (1) In this instrument:
Act means the Medical Indemnity (Prudential Supervision and Product Standards) Act 2003.
associated MDO, in relation to a medical indemnity insurer and a person, means an MDO that had an arrangement with the insurer under which the insurer was obliged to provide medical indemnity cover for the person that meets all of the requirements of subsection 26A(4) of the Act.
GST has the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999.
paid by includes paid on behalf of.
private medical practice has the same meaning as in the Medical Indemnity Act 2002.
run‑off cover means medical indemnity cover that meets all the requirements of subsection 26A(4) of the Act.
standard medical indemnity cover for a person means medical indemnity cover provided by an insurer to the person on the same terms and conditions as the cover usually offered by the insurer to other medical practitioners in the same category or class as the person.
 (2) A reference in any of paragraphs 6(3)(b), (c), (d), (e) and (g) to an amount does not include an amount attributable to GST or stamp duty.
 (3) To avoid doubt, a reference in any of subsections 6(3), (4) and (5) to the most recent period during which the practitioner was provided with medical indemnity cover does not include any period during which the practitioner was provided with medical indemnity cover under subsection 26A(1) or 26C(1) of the Act.