Document ID: chunk:federal_register_of_legislation:C2024C00623:section:35
Version: federal_register_of_legislation:C2024C00623
Segment Type: section
Provision Reference: s 35
Character Range: 68693–69436

35  Amount of run‑off cover Commonwealth contribution
 (1) The amount of a run‑off cover Commonwealth contribution is the amount of the payment referred to in paragraph 32(1)(d), but only to the extent that the payment is or would be made:
 (a) in relation to a claim for which the midwife has midwife professional indemnity run‑off cover; and
 (b) in the eligible insurer's ordinary course of business.
 (2) However, if a Level 1 or Level 2 Commonwealth contribution is payable in respect of that payment, the amount of the run‑off cover Commonwealth contribution is reduced by the amount of the Level 1 or Level 2 Commonwealth contribution.

Division 3—Payments that would have reduced the amount of run‑off cover Commonwealth contribution