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Private Health Insurance (Prudential Supervision) Act 2015

No. 85, 2015

Compilation No. 9

Compilation date: 21 February 2025

                Includes amendments: Act No. 14, 2025

About this compilation

This compilation

This is a compilation of the Private Health Insurance (Prudential Supervision) Act 2015 that shows the text of the law as amended and in force on 21 February 2025 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the Register for the compiled law.

Self‑repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

Contents
Part 1—Introduction
Division 1—Preliminary
1 Short title
2 Commencement
3 Simplified outline of this Act
4 Interpretation
5 General administration of Act
5A Norfolk Island
Division 2—Constitutional matters
6 Act binds the Crown
7 Act not to apply to State insurance within that State
8 Compensation for acquisition of property
Part 2—Registration of private health insurers
Division 1—Introduction
9 Simplified outline of this Part
Division 2—Prohibition of carrying on health insurance business without registration
10 Carrying on health insurance business without registration
11 Injunctions
Division 3—Registration
12 Applying for registration
13 Requiring further information
14 Criteria for registration
15 Deciding the application
16 Notifying the decision
17 APRA can be taken to refuse application
18 APRA to ensure that up‑to‑date record of information about private health insurers is publicly available
19 Changing registration status
20 Conversion to for profit status
21 Cancellation of registration
Part 3—Health benefits funds
Division 1—Introduction
22 Simplified outline of this Part
Division 2—The requirement to have health