Document ID: chunk:federal_register_of_legislation:C2025C00088:section:129
Version: federal_register_of_legislation:C2025C00088
Segment Type: section
Provision Reference: s 129
Character Range: 74608–75486

129  Independent Health and Aged Care Pricing Authority
 (1) The body known immediately before the commencement of this subsection as the Independent Hospital Pricing Authority is continued in existence with the new name, the Independent Health and Aged Care Pricing Authority.
Note 1: See also section 25B of the Acts Interpretation Act 1901.
Note 2: In this Act, Pricing Authority means the Independent Health and Aged Care Pricing Authority—see section 5.
 (2) In establishing the Pricing Authority, the Parliament intends to give effect to the agreement between the Commonwealth, the States and the Territories to establish a body to give independent and transparent advice in relation to funding for public hospitals.
 (3) The Parliament also intends for the body to perform functions relating to:
 (a) health care pricing and costing matters; and
 (b) aged care matters.