Commonwealth Consolidated Acts

PRIVATE HEALTH INSURANCE ACT 2007 - SECT 217.1

                   The purpose of this Division is to permit the business, affairs and property of a * health benefits fund under * external management to be managed in a way:

                     (a)  that maximises the chance that the * policy holders of the fund continue to be * covered for health insurance either by that fund or by another fund to which the business of that fund is transferred; or

                     (b)  if it is not possible for that coverage to be maintained--that, to the extent possible, safeguards the financial interests of those policy holders if the fund is terminated.