Document ID: chunk:federal_register_of_legislation:C2004A01252:clause:2_66a:p2
Version: federal_register_of_legislation:C2004A01252
Segment Type: clause
Provision Reference: sch 2 cl 66A (pt 2/3)
Character Range: 10688–13170

of UMP support payments that he or she is liable to pay.

What the collection body for a UMP support payment must do

 (4) The collection body for the UMP support payment must:
 (a) in the next invoice that the collection body gives to the person for payment of a premium for medical indemnity cover or for payment of a membership subscription, include an amount for payment, to the collection body, of the UMP support payment; and
 (b) within the period referred to in subsection (5), remit to the HIC any amount that the person pays to the collection body under paragraph 66(1)(a) in discharge of the person's liability to pay the UMP support payment; and
 (c) within that period, notify the HIC in writing:
 (i) who made the payment; and
 (ii) the amount of the payment; and
 (iii) if the payment was made after the payment day for the UMP support payment under section 61—the day on which the payment was made; and
 (d) include in the notice under paragraph (c) any other information that the HIC has, in its notice to the collection body under subsection (2), asked the collection body to include.

Note: Failure to comply with paragraph (a), (c) or (d) is an offence (see section 74A).

 (5) The period for remitting an amount to the HIC under paragraph (4)(b), and notifying the HIC under paragraphs (4)(c) and (d), is the period starting on the day on which the amount is paid to the collection body and ending:
 (a) if the amount is paid on or before the payment day for the UMP support payment under section 61—on that payment day; or
 (b) if the amount is paid after that payment day—7 days after the day on which the amount is paid.

Effect of payment to collection body

 (6) A person's liability to the Commonwealth to pay UMP support payment is discharged to the extent that the amount of the payment is paid to the collection body under paragraph 66(1)(a).

Collection body entitled to interest etc.

 (7) If an amount is paid to the collection body under paragraph 66(1)(a), the collection body:
 (a) may, prior to remitting the amount to the HIC under paragraph (4)(b) of this section, invest the amount on deposit with an ADI; and
 (b) is entitled to any interest payable on the amount so deposited.

 (8) In paragraph (7)(a):

ADI (authorised deposit‑taking institution) means a corporation that is an ADI for the purposes of the Banking Act 1959.

 (9) The Consolidated Revenue Fund is appropriated to the extent necessary for the purposes of subsection (7).