Document ID: chunk:federal_register_of_legislation:C2007A00034:clause:1_5
Version: federal_register_of_legislation:C2007A00034
Segment Type: clause
Provision Reference: sch 1 cl 5
Character Range: 3035–3736

5  Section 5
Insert:

collapsed insurer means a private health insurer, in respect of at least one of whose health benefits funds (within the meaning of the Private Health Insurance Act 2007) at least one of the following paragraphs applies:
 (a) the Council has approved the termination of the health benefits fund under section 149‑10 of the Private Health Insurance Act 2007;
 (b) the Council has appointed an external manager of the health benefits fund under section 217‑10 of the Private Health Insurance Act 2007;
 (c) the Federal Court of Australia has ordered the appointment of a terminating manager of the health benefits fund under section 220‑5 of the Private Health Insurance Act 2007.