Document ID: chunk:federal_register_of_legislation:C2007A00036:clause:1_15
Version: federal_register_of_legislation:C2007A00036
Segment Type: clause
Provision Reference: sch 1 cl 15
Character Range: 3895–4746

15  Subsection 7(2)
Repeal the subsection, substitute:

 (2) The rate of levy:
 (a) must be based on the number of complying health insurance policies on issue on:
 (i) for levy imposed on a Council administration levy day—the day specified in the Private Health Insurance (Council Administration Levy) Rules as the census day for the levy day; and
 (ii) for levy imposed on a supplementary Council administration levy day—the day determined by the Minister, by legislative instrument, as the census day for the levy day; and
 (b) may be different for complying health insurance policies under which different numbers of people are insured; and
 (c) may be set at zero; and
 (d) must not exceed:
 (i) for complying health insurance policies under which only one person is insured—$2 for a financial year; and
 (ii) otherwise—$4 for a financial year.