Commonwealth legislation

Private Health Insurance (Reinsurance Trust Fund Levy) Repeal Regulations 2007 (No. 1)

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Act Number

68 of 2007

Collection

legislative instrument

Plain English Summary

1/10 complexity

This instrument is a housekeeping measure that formally cancels (repeals) the Private Health Insurance (Reinsurance Trust Fund Levy) Regulations 2004.

What it does:

Removes the 2004 regulations from the statute books entirely.
Those old regulations previously set out administrative details—such as payment methods and compliance rules—for a levy that private health insurers had to pay into a reinsurance trust fund (a pool of money used to spread risk across the industry).

Why it matters: The repeal tidies up the law. The levy itself was being abolished or restructured by separate legislation (the Private Health Insurance (Reinsurance Trust Fund Levy) Amendment Act 2007). Once the underlying levy changed, the old 2004 regulations became redundant. This instrument ensures outdated rules don’t linger and confuse insurers or administrators.

Who is affected: Primarily private health insurance companies and government agencies, who no longer need to follow the repealed administrative rules.

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Current sections

Direct links to the current provisions in Private Health Insurance (Reinsurance Trust Fund Levy) Repeal Regulations 2007 (No. 1).

Private Health Insurance (Reinsurance Trust Fund Levy) Repeal Regulations 2007 (No. 1)

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Private Health Insurance (Reinsurance Trust Fund Levy) Repeal Regulations 2007 (No. 1)1

Select Legislative Instrument 2007 No. 68

I, PHILIP MICHAEL JEFFERY, Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Private Health Insurance (Reinsurance Trust Fund Levy) Act 2003.

Dated 29 March 2007

P. M. JEFFERY

Governor‑General

By His Excellency’s Command

TONY ABBOTT

Minister for Health and Ageing

1 Name of Regulations

These Regulations are the Private Health Insurance (Reinsurance Trust Fund Levy) Repeal Regulations 2007 (No. 1).

2 Commencement

These Regulations commence:

(a) if they are registered before Schedule 1 to the Private Health Insurance (Reinsurance Trust Fund Levy) Amendment Act 2007 commences — on the commencement of that Schedule; or

(b) if they are registered after that Schedule commences — on the day after they are registered.

3 Repeal of Private Health Insurance (Reinsurance Trust Fund Levy) Regulations 2004

The Private Health Insurance (Reinsurance Trust Fund Levy) Regulations 2004 are repealed.

Note

Note: 1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.frli.gov.au.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 Private Health Insurance (Reinsurance Trust Fund Levy) Repeal Regulations 2007 (No. 1)