Health Insurance (Amendment) Act 2013

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Amendment of section 125A of Stamp Duties Consolidation Act 1999

12. (1) Section 125A of the Stamp Duties Consolidation Act 1999 is amended—

(a) in subsection (1)—

(i) by substituting the following for the definition of “accounting period”:

“ ‘accounting period’means a period of 3 consecutive months beginning on 1 January, 1 April, 1 July or 1 October;”,

(ii) by substituting the following for the definition of “due date”:

“ ‘due date’, in relation to an accounting period, means the 21st day of the second next month following the end of that accounting period;”,

(iii) by deleting the definitions of “first accounting period” and “subsequent accounting period”, and

(iv) by substituting the following for the definition of “specified rate”:

“ ‘specified rate’means—

(a) in respect of relevant contracts renewed or entered into on or after 1 January 2014 and on or before 28 February 2014—

(i) €100.00 in respect of an insured person aged less than 18 years insured under a relevant contract which provides for non- advanced cover,

(ii) €120.00 in respect of an insured person aged less than 18 years insured under a relevant contract which provides for advanced cover,

(iii) €290.00 in respect of an insured person aged 18 years or over insured under a relevant contract which provides for non- advanced cover, and

(iv) €350.00 in respect of an insured person aged 18 years or over insured under a relevant contract which provides for advanced cover,

and

(b) in respect of relevant contracts renewed or entered into on or after 1 March 2014—

(i) €100.00 in respect of an insured person aged less than 18 years insured under a relevant contract which provides for non- advanced cover,

(ii) €135.00 in respect of an insured person aged less than 18 years insured under a relevant contract which provides for advanced cover,

(iii) €290.00 in respect of an insured person aged 18 years or over insured under a relevant contract which provides for non- advanced cover, and

(iv) €399.00 in respect of an insured person aged 18 years or over insured under a relevant contract which provides for advanced cover.”,

(b) by substituting the following for subsection (2):

“(2) Subject to subsections (7), (10) and (11), an authorised insurer shall, in respect of each accounting period and not later than the due date, deliver to the Commissioners a statement in writing showing the number of insured persons—

(a) aged less than 18 years on the first day of the accounting period insured under a relevant contract which provides for non-advanced cover,

(b) aged less than 18 years on the first day of the accounting period insured under a relevant contract which provides for advanced cover,

(c) aged 18 years or over on the first day of the accounting period insured under a relevant contract which provides for non-advanced cover, and

(d) aged 18 years or over on the first day of the accounting period insured under a relevant contract which provides for advanced cover,

in respect of whom a relevant contract between the authorised insurer and the insured person, being the individual referred to in the definition of ‘insured person’in subsection (1), is renewed, or entered into, during the accounting period concerned.”,

(c) by deleting subsection (2A), and

(d) by deleting “or (2A)” in each place where it occurs.

(2) Subsection (1) comes into operation on 1 January 2014.