Voluntary Health Insurance (Amendment) Act, 1996

Notification to Minister of increases of subscriptions or premiums, etc., charged by Board.

3.—(1) Whenever the Board proposes to increase the amount of a subscription, premium or other charge payable to it under a scheme under section 2

(a) it shall notify the Minister in writing of the proposal not less than 30 days before the day on which the proposed increase is intended to have effect, and

(b) the Board may give effect to the increase unless the Minister, within 30 days of the notification, directs the Board in writing not to do so.

(2) The Minister shall, when giving a direction to the Board under subsection (1) (b), at the same time give to the Board his or her reasons in writing for the direction.

(3) The Board shall comply with a direction under this section.