(1) This section applies if:
(a) an eligible MDO pays, or is liable to pay, an amount in relation to a claim that relates to an incident or a series of incidents; and
(b) an eligible insurer also pays, or is also liable to pay, an amount (the insurer amount ) in relation to the same claim or in relation to an eligible related claim; and
(c) but for this section, an allied health high cost claim indemnity in respect of the insurer amount:
(i) would be payable to the insurer under subsection 34ZZB(1); or
(ii) would be payable to the insurer under that subsection if paragraph 34ZZB(1)(h) were omitted; and
(d) the insurer elects in writing to have this section apply to the insurer amount.
(2) For the purposes of this Division (other than this section):
(a) the MDO is taken:
(i) to have paid, or to be liable to pay, the insurer amount in relation to the claim or eligible related claim; and
(ii) to satisfy paragraphs 34ZZB(1)(g) and (4)(a) to (c) in relation to the insurer amount; and
(iii) to have been notified of the incident, claim or eligible related claim when the insurer was first notified of the incident, claim or eligible related claim; and
(b) an allied health high cost claim indemnity is not payable to the insurer in respect of the insurer amount.