Private Health Facilities Regulation 2024
23Pecuniary interests in private health facilities—the Act, s 58
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23 Pecuniary interests in private health facilities—the Act, s 58
23 Pecuniary interests in private health facilities—the Act, s 58
(1) For the Act, section 58(4), the following interests are prescribed as pecuniary interests in a private health facility—
(a) an interest as a holder of the licence to conduct the facility,
(b) an interest in a corporation, other than a public company, that is the licensee of the facility,
(c) a holding of 5% or more of the issued share capital of a public company that is the licensee of the facility,
(d) a legal or equitable interest in the premises at which the facility is conducted,
(e) an interest in a corporation, other than a public company, that has a legal or equitable interest in the premises,
(f) a holding of 5% or more of the issued share capital of a public company that has a legal or equitable interest in the premises,
(g) an interest in clinical or administrative services provided to the facility, other than an interest in fees from medical or dental services provided to patients of the facility,
(h) an interest in a corporation, other than a public company, that has an interest in clinical or administrative services provided to the facility,
(i) a holding of 5% or more of the issued share capital of a public company that has an interest in clinical or administrative services provided to the facility.
(2) For the Act, section 58(5), a practitioner has a pecuniary interest in a private health facility if a relative of the practitioner has an interest of a kind referred to in subsection (1) in relation to the facility.
(3) In this section—
relative, of a practitioner, means a spouse, de facto partner, parent, child or sibling of the practitioner.