(1) If a * participating insurer:
(b) has failed to comply with a condition specified in the Private Health Insurance (Incentives) Rules as a condition of participation in the * premiums reduction scheme; or
(c) refuses or fails to comply with:
(i) a direction given by the Minister under section 200 - 1; or
(ii) the principle of community rating in section 55 - 5;
the Minister may, by notice given to the insurer, revoke the insurer's status as a participating insurer.
(2) Upon the giving of the notice, the insurer ceases to be a * participating insurer.
Note: Decisions to revoke an insurer's status as a participating insurer are reviewable under Part 6 - 9.