Document ID: chunk:federal_register_of_legislation:C2024C00534:section:43
Version: federal_register_of_legislation:C2024C00534
Segment Type: section
Provision Reference: s 43
Character Range: 232387–233924

43  Regulations may provide for subsidy scheme
 (1) The regulations may provide for one or more schemes for one or more of the following:
 (a) making payments to:
 (i) medical practitioners; or
 (ii) medical indemnity insurers on behalf of medical practitioners;
  to help those medical practitioners meet the cost of purchasing medical indemnity (whether such costs are incurred by way of MDO membership subscriptions, insurance premiums or otherwise);
 (aa) making payments to:
 (i) medical practitioners; or
 (ii) medical indemnity insurers on behalf of medical practitioners;
  to help those medical practitioners meet the cost of paying run‑off cover support payments;
 (b) making payments to medical indemnity insurers to help the medical indemnity insurers meet the cost of administering schemes provided for under paragraph (a).
 (2) Without limiting subsection (1), a scheme may make provision for:
 (a) the conditions that must be satisfied for a subsidy to be payable; and
 (b) the amount of a subsidy; and
 (c) the conditions that must be complied with by persons to whom a subsidy is paid; and
 (d) payments to medical indemnity insurers to reduce the costs of medical indemnity for medical practitioners; and
 (e) any amount payable to the Commonwealth to be recovered as a debt.
 (3) Without limiting paragraph (2)(a), a scheme may provide that a subsidy is to be paid only:
 (a) to medical practitioners working in particular areas of medical practice; or
 (b) for the purchase of particular kinds of medical indemnity.