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Tuesday, 10 December 2002
Page: 7600


Senator NETTLE (6:09 PM) —The Greens circulated an amendment which was designed to put a sunset clause in place for the public subsidies in relation to the medical indemnity premium subsidy, the high-cost claims and the underwriting of the IBNR liabilities. At this stage, due to discussions with the government, it appears that there are strong arguments for not proceeding with the amendment in relation to the IBNR liabilities. Given the difficulties of being able to differentiate the IBNR sunset clause from the other sunset clause, we will be withdrawing our proposed amendment to the Medical Indemnity Bill 2002.

Bill agreed to.

MEDICAL INDEMNITY (CONSEQUENTIAL AMENDMENTS) BILL 2002

MEDICAL INDEMNITY (ENHANCED UMP INDEMNITY) CONTRIBUTION BILL 2002

MEDICAL INDEMNITY (IBNR INDEMNITY) CONTRIBUTION BILL 2002

Bills—by leave—taken as a whole.