5Imposition of levy

5 Imposition of levy

(1) Levy is imposed on the conduct of health insurance business by private health insurers: (a) on each day specified in the Private Health Insurance (Complaints Levy) Rules as a complaints levy day for a financial year; and (b) on each day (if any) determined by the Minister, by legislative instrument, as a supplementary complaints levy day for a financial year. (2) The Private Health Insurance (Complaints Levy) Rules must not specify more than 4 complaints levy days for a financial year. (3) The determination by the Minister must not specify more than 2 supplementary complaints levy days for a financial year.