(1) For the purposes of an application made under section 14 - 10 of the Private Health Insurance Incentives Act 1998 on or after the commencement time, paragraph 14 - 10(1)(c) is taken to refer to the chief executive officer of the applicant private health insurer.
(2) If:
(a) before 1 July 2007, a private health insurer had applied to become a participating fund for the purposes of the Private Health Insurance Incentives Act 1998 ; and
(b) immediately before 1 July 2007, the Minister had neither approved nor rejected the application;
the Minister may treat the application as if it were an application made under section 279 - 5 of the new Act.