Health Insurance Regulations 1975
20CBMethod for determining market value
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20CB Method for determining market value
(1) For subsection 23DZZIF(9) of the Act, the market value of property, goods or services is the amount that a willing purchaser would have had to pay, at the time mentioned in subregulation (2), to a vendor who was willing, but not anxious, to sell. (2) The time is: (a) for an offence of asking for a benefit that is not a permitted benefit—when the person asked for the benefit; or (b) for an offence of accepting a benefit that is not a permitted benefit—when the person accepted the benefit; or (c) for an offence of offering a benefit that is not a permitted benefit—when the person offered the benefit; or (d) for an offence of providing a benefit that is not a permitted benefit—when the person provided the benefit.