S.I. No. 445/2006 - Health (Interest Payable on Recoverable Health Charges) Regulations 2006 (2006_si_445) | IE

ISB SI

Reg. 1 S.I. No. 445/2006 - Health (Interest Payable on Recoverable Health Charges) Regulations 2006 Open official source

1. These Regulations may be cited as the Health (Interest Payable on Recoverable Health Charges) Regulations 2006.

Interpretation.

ISB SI

Reg. 2 S.I. No. 445/2006 - Health (Interest Payable on Recoverable Health Charges) Regulations 2006 Open official source

2. In these Regulations -

“CPI number” means the All Items Consumer Price Index Number compiled by the Central Statistics Office;

“relevant period”, in relation to a recoverable health charge, means the period to which the recoverable health charge relates.

Application.

ISB SI

Reg. 3 S.I. No. 445/2006 - Health (Interest Payable on Recoverable Health Charges) Regulations 2006 Open official source

3. These Regulations apply to

paragraphs (a)

and

(b)

of

section 6(1)

of the

Health (Repayment Scheme) Act 2006

.

Interest payable on recoverable health charge.

ISB SI

Reg. 4 S.I. No. 445/2006 - Health (Interest Payable on Recoverable Health Charges) Regulations 2006 Open official source

4. The interest that shall be paid on a recoverable health charge shall be calculated by reference to -

(a) the amount of the recoverable health charge;

and

(b) the movement in the CPI number for the relevant period using -

(i) the survey date that relates to the beginning of the relevant period; and

(ii) the survey date that relates to the end of the relevant period.

The Minister for Finance consents to these Regulations.

GIVEN under my Official Seal,

10 August, 2006.

Brian Cowen,

Minister for Finance.

GIVEN under my Official Seal,

10 August, 2006.

Mary Harney,

Minister for Health and Children.

Health (Interest Payable on Recoverable Health Charges) Regulations 2006

Explanatory Memorandum

(This note is not part of the Instrument and does not purport to be a legal interpretation).

These Regulations are made under

section 20

of the

Health (Repayment Scheme) Act 2006

and provide for interest to be paid on recoverable health charges by reference to the consumer price index. (See the definition of “recoverable health charge” in section 2 of that Act).

ISB SI

Preamble S.I. No. 445/2006 - Health (Interest Payable on Recoverable Health Charges) Regulations 2006 Open official source

STATUTORY INSTRUMENTS

S.I. No. 445 of 2006

Health (Interest Payable on Recoverable Health Charges) Regulations 2006

The Minister for Health and Children, in exercise of the powers conferred on her by

section 20

of the

Health (Repayment Scheme) Act 2006

, hereby makes the following regulations

Citation.

S.I. No. 445/2006 - Health (Interest Payable on Recoverable Health Charges) Regulations 2006

Statutory Text (5 Articles)

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