Document ID: chunk:federal_register_of_legislation:C2023C00427:clause:2_23
Version: federal_register_of_legislation:C2023C00427
Segment Type: clause
Provision Reference: sch 2 cl 23
Character Range: 40851–41888

23  Payment and reimbursement of expenses incurred in complying with a direction about information statements

Payment of expenses
(1) Medibank Private may make a payment from the Medibank Private fund for the purpose of paying expenses incurred by it in complying with a direction under item 22.
(2) A payment, or a decision to make a payment, under subitem (1) does not contravene section 28 of the Private Health Insurance (Prudential Supervision) Act 2015.

Reimbursement of expenses
(3) If:
 (a) Medibank Private complies with a direction under item 22 and
 (b) Medibank Private incurs expenses in complying with the direction;
the Minister for Finance may authorise the payment by the Commonwealth to Medibank Private of an amount equal to so much of those expenses as the Minister for Finance considers reasonable.
(4) This item does not, by implication, limit the executive power of the Commonwealth to make a payment to Medibank Private.

Part 4—Restrictions on ownership of Medibank Private companies

Division 1—Introduction