Document ID: chunk:federal_register_of_legislation:C2019A00105:clause:6_59
Version: federal_register_of_legislation:C2019A00105
Segment Type: clause
Provision Reference: sch 6 cl 59
Character Range: 152383–153597

59  Application and transitional

Exceptional claims indemnity scheme
(1) The amendments of Part 1 and Division 2A of Part 2 of the Medical Indemnity Act 2002 made by this Schedule apply in relation to any claim made after the commencement of this item.

Administration of the indemnity schemes
(2) The amendments of section 41 of the Medical Indemnity Act 2002 made by this Schedule apply in relation to any amount paid by way of an indemnity scheme payment, whether paid before or after the commencement of this item.
(3) The amendments of section 42 of the Medical Indemnity Act 2002 made by this Schedule do not affect a direction by the Chief Executive Medicare under that section before the commencement of this item.

Product standards for medical indemnity insurance contracts
(4) The amendments of section 20 of the Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 made by this Schedule apply in relation to any contract of insurance, whether the contract is entered into, comes into effect or is renewed before, on or after the commencement of this item.
[Minister's second reading speech made in—
House of Representatives on 18 September 2019
Senate on 17 October 2019]
(174/19)