Commonwealth Consolidated Regulations

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HEALTH INSURANCE REGULATIONS 1975 - REG 20CB

Method for determining market value

         (1)   For subsection 23DZZIF (9) of the Act, the market value of property, goods or services is the amount that a willing purchaser would have had to pay, at the time mentioned in subregulation (2), to a vendor who was willing, but not anxious, to sell.

         (2)   The time is:

                (a)    for an offence of asking for a benefit that is not a permitted benefit -- when the person asked for the benefit; or

               (b)    for an offence of accepting a benefit that is not a permitted benefit -- when the person accepted the benefit; or

                (c)    for an offence of offering a benefit that is not a permitted benefit -- when the person offered the benefit; or

               (d)    for an offence of providing a benefit that is not a permitted benefit -- when the person provided the benefit.



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