Commonwealth Consolidated Acts

HEALTH INSURANCE ACT 1973 - SECT 124ZV

  (1)   If:

  (a)   a person is a party to a deed of agreement with the Commonwealth (as represented by the Department) for funding of a place in the Bonded Medical Places Scheme (a BMP participant ), including a deed of agreement as varied; and

  (b)   the person advises the Department, in writing, that:

  (i)   the person wishes to opt in to the Bonded Medical Program, as mentioned in section   124ZU; and

  (ii)   the person voluntarily agrees to participate in the Program using a web portal maintained by the Department; and

  (c)   the Secretary agrees, in writing, to the person's participation in the Program;

then:

  (d)   on the day the person becomes a bonded participant, the person's deed of agreement ceases; and

  (e)   on and after that day, the person is subject to the provisions of this Part.

  (2)   For the purposes of paragraph   (1)(e):

  (a)   the 156 week return of service obligation period is to be reduced by prior service completed in accordance with the provisions of the person's deed of agreement; and

  (b)   if the person entered into the deed of agreement during the period beginning on 1   January 2016 and ending on 31   December 2019, then, for the purposes of section   124ZF, a reference to " 156 weeks " is to be read as a reference to " 52 weeks "; and

  (c)   paragraph   124ZG(1)(a) applies only if the person has not, on the day the person becomes a bonded participant, completed their course of study in medicine at an Australian university; and

  (d)   if an extended compliance determination has been made under subsection   124ZUA(3) in relation to the person--the person is to be taken, for the purposes of this Part, to be required to complete their return of service obligation within the period specified in the written notice of the determination given to the person.