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Annual report with respect to the operation of a scheme.
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11.—The following section is inserted after section 33 of the Principal Act:
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“33A.—(1) The Authority shall, in each of the periods referred to in subsection (3), evaluate the operation of the provision of a scheme referred to in section 12(4)(a) (in this section referred to as ‘the equalisation payment provision’) with respect to its effects on the interests of health insurance consumers and make a report on such an evaluation to the Minister.
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(2) The Minister shall, as soon as may be after the receipt by him or her of a report under subsection (1), cause copies of it to be laid before each House of the Oireachtas.
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(3) The periods mentioned in subsection (1) are—
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(a) the period of 12 months beginning on the day on which a requirement to make a payment under the equalisation payment provision first arises, and
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(b) each successive period of 12 months (other than a period of 12 months in which the equalisation payment provision is not in operation).
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(4) The reference in subsection (1) to health insurance consumers shall be construed in accordance with section 12(10)(a)(i).”.
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