Health Insurance (Amendment) Act 2021

Amendment of section 11C of Principal Act

5. Section 11C of the Principal Act is amended—

(a) in subsection (1)(b), by the substitution of “1 April 2022” for “1 April 2021”,

(b) in subsection (2), by the substitution of “Subject to subsection (2A), a registered undertaking or former registered undertaking may” for “A registered undertaking or former registered undertaking may”, and

(c) by the insertion of the following subsection after subsection (2):

“(2A) A claim (or a part thereof) for a payment shall not be made to the Authority by a registered undertaking or former registered undertaking under subsection (2) if entitlement to the risk equalisation credits to which the claim (or a part thereof) relates arose more than 6 years before 31 March in the period of 12 months prior to the date of the making of the claim.”.