206‑1 Revocation of status of participat206‑1 Revocation of status of participating insurer

206‑1 Revocation of status of participating insurer (1) If a *participating insurer: (b) has failed to comply with a condition specified in the Private Health Insurance (Incentives) Rules as a condition of participation in the *premiums reduction scheme; or (c) refuses or fails to comply with: (i) a direction given by the Minister under section 200‑1; or (ii) the principle of community rating in section 55‑5; the Minister may, by notice given to the insurer, revoke the insurer’s status as a participating insurer. (2) Upon the giving of the notice, the insurer ceases to be a *participating insurer. Note: Decisions to revoke an insurer’s status as a participating insurer are reviewable under Part 6‑9. Chapter 6—Administration