Document ID: chunk:federal_register_of_legislation:C2024C00534:section:34zr
Version: federal_register_of_legislation:C2024C00534
Segment Type: section
Provision Reference: s 34ZR
Character Range: 145791–146546

34ZR  Payments in relation to affected medical practitioners
 (1) A payment that the Commonwealth is liable to make in relation to an affected medical practitioner:
 (a) must be paid to a person who:
 (i) is nominated by the practitioner; and
 (ii) has, on or after the termination date, provided medical indemnity cover for the practitioner under a contract of insurance; and
 (b) must be paid as all or part of the premium payable for the provision of that cover; and
 (c) must be paid within 12 months after the termination date; and
 (d) must not exceed the practitioner's total run‑off cover credit.
 (2) Amounts payable by the Commonwealth under this Subdivision are payable out of the Consolidated Revenue Fund, which is appropriated accordingly.