Document ID: chunk:federal_register_of_legislation:F2017L00503:body:0
Version: federal_register_of_legislation:F2017L00503
Segment Type: other
Provision Reference: 
Character Range: 0–1373

Private Health Insurance (Risk Equalisation Levy) Rules 2017

I, GREG HUNT, Minister for Health, make these Rules under section 10A of the Private Health Insurance (Risk Equalisation Levy) Act 2003.

____________________________________
Greg Hunt
Minister for Health
19 April 2017

Contents

Part 1 Preliminary
1. Name of Rules
2. Commencement
3. Authority
4. Definitions
5. Risk equalisation levy day

      Part 1 Preliminary

1.                      Name of Rules
These Rules are the Private Health Insurance (Risk Equalisation Levy) Rules 2017.

2.                      Commencement

     These Rules commence on 20 May 2017.

3.                      Authority

     This Rule is made under section 10A of the Private Health Insurance (Risk Equalisation Levy) Act 2003.

4.                      Definitions
In these rules:
Act means the Private Health Insurance (Risk Equalisation Levy) Act 2003.
amendment Act means the Private Health Insurance (Reinsurance Trust Fund Levy) Amendment Act 2007.
quarter means the period of 3 months ending on the last day of March, June, September or December in a year.

5.                      Risk equalisation levy day
     For the purposes of paragraph 6 (1) (a) of the Act, the 21st day of the second month of each quarter in a financial year is specified as a risk equalisation levy day for that financial year.