Payment of compensation
8 Payment of compensation
An amount of compensation payable under this schedule and the Northern Beaches Hospital Deed that is agreed between the parties or is determined under this schedule must be paid within 60 days of the agreement or determination, or a longer period prescribed by the regulations.
The NBH State Counter-parties may recover compensation referred to in subclause (1) from the Healthscope NBH entities as a debt due in a court of competent jurisdiction.
An amount of compensation referred to in subclause (1) payable by the Healthscope NBH entities is taken to be Guaranteed Money under the Parent Company Guarantee.
This provision refers to the regulations (prescribed by the regulations
). Made under this Act:
- Health Services (St Joseph’s Hospital) Order 2023 · Regulation
- Health Services (Transfer of Assets, Rights and Liabilities) Order 2010 · Regulation
- Health Services (Transfer of Assets, Rights and Liabilities) Order 2022 · Regulation
1 more instrument made under this Act are listed on the Act’s overview.
This Act’s bill:Explanatory memorandumSecond reading speech
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