Commonwealth Consolidated Acts Commonwealth Consolidated ActsIn this Act, unless the contrary intention appears:
"APRA" means the Australian Prudential Regulation Authority.
"collapsed insurer" : a private health insurer is a collapsed insurer if at least one of the following paragraphs applies in relation to at least one of the insurer's health benefits funds:
(a) APRA has approved the termination of the health benefits fund under section 37 of the Private Health Insurance (Prudential Supervision) Act 2015 ;
(b) APRA has appointed an external manager of the health benefits fund under section 51 of the Private Health Insurance (Prudential Supervision) Act 2015 ;
(c) the Federal Court of Australia has ordered the appointment of a terminating manager of the health benefits fund under section 67 of the Private Health Insurance (Prudential Supervision) Act 2015 .
"collapsed insurer levy" means a collapsed insurer levy imposed under section 7.
"collapsed insurer levy day" means a collapsed insurer levy day specified in a determination under section 7.
"complying health insurance policy" has the same meaning as in the Private Health Insurance Act 2007 .
"health benefits fund" has the same meaning as in the Private Health Insurance Act 2007 .
"levy determination" means a determination by the Minister under paragraph 7(1)(b).
"private health insurer" has the same meaning as in the Private Health Insurance (Prudential Supervision) Act 2015 .