Commonwealth Consolidated Acts

PRIVATE HEALTH INSURANCE ACT 2007 - SECT 282.19

  (1)   If:

  (a)   a person is liable under section   282 - 18 to pay an amount; and

  (b)   the whole or a part of the amount remains unpaid after the time by which the amount is due to be paid;

the person is liable to pay * general interest charge on the unpaid amount.

  (2)   A person who is liable under this section to pay * general interest charge on an unpaid amount is liable to pay the charge for each day in the period that:

  (a)   started at the beginning of the day by which the unpaid amount was due to be paid; and

  (b)   finishes at the end of the last day at the end of which any of the following remains unpaid:

  (i)   the unpaid amount;

  (ii)   general interest charge on any of the unpaid amount.