Federal Register of Legislation
Medicare Guarantee (Transfers to the Health Special Account) Direction (No. 1) 2022
I, Lisa Elliston, First Assistant Secretary, Social Policy Division, Fiscal Group, Department of the Treasury, delegate of the Treasurer, make the following direction.
Dated 1 April 2022
Lisa Elliston First Assistant Secretary Social Policy Division Department of the Treasury
Contents Part 1—Preliminary 1 Name 2 Commencement 3 Authority 4 Definitions Part 2—Transfer of amounts to the Medicare Guarantee Fund (Health) Special Account 5 Direction to transfer amount from the Medicare Guarantee Fund (Treasury) Special Account to the Medicare Guarantee Fund (Health) Special Account – 1st direction 6 Direction to transfer amount from the Medicare Guarantee Fund (Treasury) Special Account to the Medicare Guarantee Fund (Health) Special Account – 2nd direction
Part 1—Preliminary
1 Name This instrument is the Medicare Guarantee (Transfers to the Health Special Account) Direction (No. 1) 2022.
2 Commencement (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
Commencement information Column 1 Column 2 Column 3 Provisions Commencement Date/Details 1. Sections 1 to 4 and anything in this instrument not elsewhere covered by this table Immediately after this instrument is registered. 2. Section 5 The later of: (a) immediately after the commencement of the provisions covered by table item 1; and (b) immediately after the crediting referred to in section 5 of the Medicare Guarantee (2021‑22 Credits to the Special Account No. 2) Determination 2022 has occurred. 3. Section 6 The later of: (a) immediately after the commencement of the provisions covered by table item 1; and (b) immediately after the crediting referred to in section 5 of the Medicare Guarantee (2022-23 Credits to the Special Account No. 1) Determination 2022 has occurred.
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