Medical Indemnity Regulations 2003
26When UMP support payment must be paid
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26 When UMP support payment must be paid
(1) For paragraph (b) of item 1 of the table in section 61 of the Act and subject to subregulations (2) and (3), the payment day, for UMP support payment for a contribution year that starts on or after 1 July 2003, is 1 September in the next contribution year. (2) For paragraph (b) of item 1 of the table in section 61 of the Act, the payment day, for UMP support payment for a contribution year that starts on or after 1 July 2004, is 1 March in that year, for the class of participating members of United Medical Protection Limited that, on 1 November in that year, have medical indemnity cover provided by a contract of insurance with Australasian Medical Insurance Limited. (3) For paragraph (b) of item 1 of the table in section 61 of the Act, the payment day, for UMP support payment for the contribution year that started on 1 July 2003, is 28 February 2005 for the class of participating members of United Medical Protection Limited each of whom, on 31 May 2004, had not received an invoice, or had received an invoice for an incorrect amount, from the Chief Executive Medicare for UMP support payment for that contribution year.