Document ID: chunk:federal_register_of_legislation:F2024L00283:reg:22
Version: federal_register_of_legislation:F2024L00283
Segment Type: reg
Provision Reference: reg 22
Character Range: 19655–20405

22  Determining when accountable entity meets enhanced notification threshold—private health insurers
 (1) Under subsection 31(3) of the Act, this section sets out how to determine when an accountable entity that is a private health insurer meets the enhanced notification threshold.
 (2) The accountable entity meets the threshold at a particular time during a financial year of the entity if the entity's total assets value, as reported in the entity's most recent final report, exceeds $3 billion.
Note: If an accountable entity meets the enhanced notification threshold under this subsection, any other accountable entity that is related to the first accountable entity is also taken to meet the enhanced notification threshold: see section 28.