Document ID: chunk:federal_register_of_legislation:F2024L00146:front:0:p3
Version: federal_register_of_legislation:F2024L00146
Segment Type: other
Provision Reference: 
Character Range: 5526–8619

by a private health insurer under this Reporting Standard must be subject to systems, processes and controls developed by the private health insurer for the internal review and authorisation of that information. These systems, processes and controls are to assure the completeness and reliability of the information provided.

Authorisation
    14.         A person who submits the information required under this Reporting Standard must be authorised, in writing, by an officer of the private health insurer.

Minor alterations to forms and instructions
    15.         APRA may make minor variations to:
(a)          a form that is part of this Reporting Standard, and the instructions to such a form, to correct technical, programming or logical errors, inconsistencies or anomalies; or
(b)          the instructions to a form, to clarify the application to the form,
    without changing any substantive requirement in the form or instructions.
    16.         If APRA makes such a variation, it must notify each private health insurer that is required to report under this Reporting Standard.

Transitional

    17.         A private health insurer must report under the old reporting standard in respect of a transitional reporting period. For these purposes:

    old reporting standard means the reporting standard revoked in the determination making this Reporting Standard; and

    transitional reporting period means a reporting period under the old reporting standard:

       (a)          which ended before 31 March 2024; and

       (b)          in relation to which the private health insurer was required, under the old reporting standard, to report by a date on or after the date of revocation of the old reporting standard.

    Note: For the avoidance of doubt, if a private health insurer was required to report under an old reporting standard, and the reporting documents were due before the date of revocation of the old reporting standard, the private health insurer is still required to provide any overdue reporting documents in accordance with the old reporting standard.

Interpretation
    18.         In this Reporting Standard:

    APRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.

    due date means the relevant due date under paragraph 9 or, if applicable, the date on a notice of extension given under paragraph 11 of this Reporting Standard.

    officer has the meaning in the Private Health Insurance (Prudential Supervision) Act 2015.

    private health insurer has the meaning in the Private Health Insurance (Prudential Supervision) Act 2015.

reporting period means a period mentioned in paragraph 8 or, if applicable, a period specified under paragraph 10 of this Reporting Standard.
    19.         Unless the contrary intention appears, a reference to an Act, Prudential Standard or Reporting Standard is a reference to the instrument as in force or existing from time to time.
    20.         Where this Reporting Standard provides for APRA to exercise