29
CurrentHigh cost claim threshold
Part 2Commonwealth payments
Division 2High cost claim indemnity scheme
Subdivision AIntroduction
29 High cost claim threshold
(1)
The high cost claim threshold is:
(a)
$2 million; or
(b)
such other amount as is specified in the rules.
(2)
Rules that specify an amount for the purposes of paragraph (1)(b) that increases the high cost claim threshold at the time the rules are registered on the Federal Register of Legislation must not commence earlier than 12 months after the day on which the rules are so registered.
This Act’s bill:Explanatory memorandumSecond reading speech
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