Commonwealth: Health Insurance Amendment (Medicare Safety-nets) Act 2005 (Cth)

Health Insurance Amendment (Medicare Safety‑nets) Act 2005 No. 163, 2005 An Act to amend the Health Insurance Act 1973, and for related purposes Contents 1 Short title 2 Commencement 3 Schedule(s) Schedule 1—Extended medicare safety‑net amounts Health Insurance Act 1973 Health Insurance Amendment (Medicare Safety-nets) Act 2005 No. 163, 2005 An Act to amend the Health Insurance Act 1973, and for related purposes [Assented to 19 December 2005] The Parliament of Australia enacts: 1 Short title This Act may be cited as the Health Insurance Amendment (Medicare Safety‑nets) Act 2005. 2 Commencement This Act commences on 1 January 2006. 3 Schedule(s) Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms. Schedule 1—Extended medicare safety‑net amounts Health Insurance Act 1973 1 Subsection 8(1A) (definition of concessional safety‑net amount) Omit "$300", substitute "$500". 2 Subsection 8(1A) (definition of extended general safety‑net amount) Omit "$700", substitute "$1,000". 3 Subsection 8(1A) (definition of FTB(A) safety‑net amount) Omit "$300", substitute "$500". 4 Subsection 10A(1) (paragraph (d) of the definition of year) Omit "2005", substitute "2007". 5 Application of amendments The amendments made by items 1 to 4 apply in relation to medical expenses incurred in the year starting on 1 January 2006 and later years. [Minister's second reading speech made in— House of Representatives on 23 June 2005 Senate on 11 October 2005] (116/05)