39Chief Executive Medicare to determine applications for adjustment of advance subsidy

39 Chief Executive Medicare to determine applications for adjustment of advance subsidy

(1) As soon as practicable after receiving a complying application made under section 53 for adjustment of advance subsidy paid to a medical indemnity insurer on behalf of a medical practitioner for a premium year, the Chief Executive Medicare must, on the basis of the information in that application: (a) determine whether any advance subsidy is payable; and (b) if it is determined that advance subsidy is payable—determine the amount payable. (2) However, the Chief Executive Medicare must not make a determination under subsection (1) after the insurer makes an application under section 37 for subsidy to be paid to the insurer on behalf of the practitioner for the premium year.