Document ID: chunk:federal_register_of_legislation:C2004A04756:body:0:p5
Version: federal_register_of_legislation:C2004A04756
Segment Type: other
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Character Range: 10464–13689

investment

11. Section 36 of the Principal Act is amended by inserting after subsection (6C) the following subsection:

"(6D) Money held by the Commission for the performance of its child care cash rebate functions that is not immediately required by the Commission for the performance of those functions, may be invested by the Commission:

     (a) on deposit with an approved bank within the meaning of subsection 63E(2) of the Audit Act 1901; or

  (b) in Commonwealth securities; or

  (c) in any other manner approved by the Treasurer;

and any income derived from investments so made must be paid to the Commonwealth.".

Regulations

12.(1) Despite subsection 48(2) of the Acts Interpretation Act 1901, regulations made for the purposes of paragraph (c) of the definition of "recognised class of functions" in subsection 3(1) of the Principal Act as amended by this Act may be expressed to have commenced at a time not earlier than the commencement of the Health Insurance Commission Amendment Act 1993.

(2) Subsection (1) only applies if the regulations referred to in that subsection are made before the end of the 12 month period beginning on the day on which this Act receives the Royal Assent.

PART 4—OTHER AMENDMENTS

Other amendments

13. The Acts specified in the Schedule are amended as set out in the Schedule.

                         SCHEDULE Section 13

OTHER AMENDMENTS

Childcare Rebate Act 1993

Section 4:

  Insert:

" 'AAT' means the Administrative Appeals Tribunal;".

Health Insurance Commission Act 1973

Subsection 3(1) (definition of "Chairman"):

  Omit "Chairman" (wherever occurring), substitute "Chairperson".

Paragraph 10(1)(a):

  Omit "Chairman", substitute "Chairperson".

Subsection 12(1):

  Omit "he", substitute "he or she".

Subsection 13(1):

  Omit "Chairman" (wherever occurring), substitute "Chairperson".

Subsection 13(2):

  Omit "Chairman", substitute "Chairperson".

Subsection 13(5):

  Omit "him", substitute "him or her".

Subsection 13(6):

  Omit "he" (wherever occurring), substitute "he or she".

Subsection 13(7):

  (a) Omit "he", substitute "he or she";

  (b) Omit "Chairman", substitute "Chairperson";

  (c) Omit "his", substitute "his or her".

Subsection 15(1):

  Omit "his" (wherever occurring), substitute "his or her".

Subsection 17(2):

  Omit "his" (wherever occurring), substitute "his or her".

SCHEDULE—continued

Section 18:

  Repeal the section, substitute:

Resignation

"18. A part-time Commissioner may resign his or her office by giving a signed notice of resignation to the Governor-General.".

Subsection 19(1):

  (a) Omit "Chairman", substitute "Chairperson";

  (b) Omit "he", substitute "he or she".

Subsection 19(3):

  (a) Omit "Chairman", substitute "Chairperson";

  (b) Omit "he", substitute "he or she".

Subsection 19(4):

  Omit "Chairman", substitute "Chairperson".

Subsection 21(3):

  Omit "his", substitute "his or her".

Subsection 21(4):

  Omit "he", substitute "he or she".

Subsection 22(1):

  Omit "he", substitute "he or she".

Paragraph 25(1)(b):

  Omit "his", substitute "his or her".

Subsection 25(4):

  Omit the subsection, substitute:

"(4) The appointment of a person under this section ceases to