Document ID: chunk:federal_register_of_legislation:C2008A00110:clause:1_12
Version: federal_register_of_legislation:C2008A00110
Segment Type: clause
Provision Reference: sch 1 cl 12
Character Range: 6034–6842

12  Transitional

(1) In this item:
new Act means the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999, and the Medicare Levy Act 1986, as amended by this Schedule.

(2) For the purposes of the new Acts, if:
 (a) a person is covered by an insurance policy that provides private patient hospital cover; and
 (b) the person is covered by that policy:
 (i) during any part of the period starting on 1 July 2008 and ending on 31 December 2008 (the designated period); and
 (ii) on 1 January 2009;
the person is taken to be covered by that policy during the whole of the designated period.

Note: For this purpose, a person includes a dependant of another person.

[Minister's second reading speech made in—
House of Representatives on 25 September 2008
Senate on 14 October 2008]
(203/08)