Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) On and after the sale day, Division 4A of Part VII of the SRC Act applies to a CSL body as if:
(a) the CSL body continues to be a Commonwealth authority; and
(b) the CSL body is not required to pay a premium under that Division in respect of that part of a financial year which occurs after the sale day; and
(c) the following word and paragraph were added at the end of subsection 96H(1):
"; or (f) in the case of an authority--the authority is not required to pay a premium under this Division in respect of part of a financial year.".
(2) If, 60 days after the sale day, an amount of premium payable by a CSL body to Comcare in respect of the period before the sale day remains unpaid, the amount is a debt due to the Commonwealth and payable to Comcare.