Commonwealth Consolidated Acts

PRIVATE HEALTH INSURANCE ACT 2007 - SECT 290.1

             (1)  While a * health benefits fund is under * external management or * terminating management, the * manager has power, in the interests of the * policy holders of the fund:

                     (a)  to control the business, affairs and property of the fund; and

                     (b)  to carry on the business of the fund, and to manage the affairs and property of the fund; and

                     (c)  to terminate or dispose of all or any part of the business, and to dispose of all or any part of the property, of the fund; and

                     (d)  to execute a document, bring or defend proceedings, or do any other thing, in the name of the * responsible insurer for the fund, for the purposes of the business of the fund; and

                     (e)  to appoint a solicitor to assist him or her in his or her duties; and

                      (f)  to appoint an agent to do any business that the manager is unable to do, or that it is unreasonable to expect the manager to do, in person; and

                     (g)  to perform any other function and exercise any other power that the insurer or any of its * officers could perform or exercise in relation to the conduct of the fund if the fund were not under external management or terminating management.

             (2)  The rights of the insurer, and any of its * officers, to exercise any of those powers in relation to the fund is suspended while the fund is under * external management or * terminating management.