43Regulations may provide for subsidy scheme

43 Regulations may provide for subsidy scheme

(1) The regulations may provide for one or more schemes for one or more of the following: (a) making payments to: (i) medical practitioners; or (ii) medical indemnity insurers on behalf of medical practitioners; to help those medical practitioners meet the cost of purchasing medical indemnity (whether such costs are incurred by way of MDO membership subscriptions, insurance premiums or otherwise); (aa) making payments to: (i) medical practitioners; or (ii) medical indemnity insurers on behalf of medical practitioners; to help those medical practitioners meet the cost of paying run‑off cover support payments; (b) making payments to medical indemnity insurers to help the medical indemnity insurers meet the cost of administering schemes provided for under paragraph (a). (2) Without limiting subsection (1), a scheme may make provision for: (a) the conditions that must be satisfied for a subsidy to be payable; and (b) the amount of a subsidy; and (c) the conditions that must be complied with by persons to whom a subsidy is paid; and (d) payments to medical indemnity insurers to reduce the costs of medical indemnity for medical practitioners; and (e) any amount payable to the Commonwealth to be recovered as a debt. (3) Without limiting paragraph (2)(a), a scheme may provide that a subsidy is to be paid only: (a) to medical practitioners working in particular areas of medical practice; or (b) for the purchase of particular kinds of medical indemnity.