Medical Indemnity Act 2002

After the end of each financial year, the Actuary must give the Secretary a report on the operation of this Division.

Without limiting the matters that may be included in a report under subsection (1), the report must include:

a statement of the number of persons who were, at the end of the financial year, persons to whom subsection 34ZB(2) applies; and

a statement of the total of all the amounts of run‑off cover indemnity, and amounts payable under regulations made for the purposes of section 34ZN (run‑off claims payments), paid by the Commonwealth during the financial year; and

a statement of the total of all the amounts of run‑off cover support payments paid to the Commonwealth during the financial year; and

estimates by the Actuary of the Commonwealth’s liabilities under this Division in future financial years.

The Secretary must publish the report on the Department’s website within 30 days after receiving the report.

If a termination date for the run‑off cover indemnity scheme has been set (see subsection 34ZB(3)), this section does not apply in relation to a financial year starting after the end of the financial year in which the termination date occurs.