162Deemed recoverable amounts and debtors

162 Deemed recoverable amounts and debtors

(1) This section applies if, immediately before the transition time, a registered provider was: (a) a person who was liable, under the old Act, to pay a recoverable amount; or (b) a person who was a transferee within the meaning of section 95‑4 of the old Act. (2) At the transition time: (a) the amount is taken to be a recoverable amount under section 514 of the new Act; and (b) the registered provider is taken to be a debtor under section 514 of the new Act in relation to the recoverable amount.

Note: Division 2 of Part 13 of Chapter 6 of the new Act deals with the recovery of recoverable amounts.