Regulations may provide for subsidy scheme
43 Regulations may provide for subsidy scheme
The regulations may provide for one or more schemes for one or more of the following:
making payments to:
medical practitioners; or
medical indemnity insurers on behalf of medical practitioners;
to help those medical practitioners meet the cost of purchasing medical indemnity (whether such costs are incurred by way of MDO membership subscriptions, insurance premiums or otherwise);
making payments to:
medical practitioners; or
medical indemnity insurers on behalf of medical practitioners;
to help those medical practitioners meet the cost of paying run‑off cover support payments;
making payments to medical indemnity insurers to help the medical indemnity insurers meet the cost of administering schemes provided for under paragraph (a).
Without limiting subsection (1), a scheme may make provision for:
the conditions that must be satisfied for a subsidy to be payable; and
the amount of a subsidy; and
the conditions that must be complied with by persons to whom a subsidy is paid; and
payments to medical indemnity insurers to reduce the costs of medical indemnity for medical practitioners; and
any amount payable to the Commonwealth to be recovered as a debt.
Without limiting paragraph (2)(a), a scheme may provide that a subsidy is to be paid only:
to medical practitioners working in particular areas of medical practice; or
for the purchase of particular kinds of medical indemnity.
This Act’s bill:Explanatory memorandumSecond reading speech
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