Commonwealth legislation

Aged Care Act 1997 - Determination under section 44-16(3) (10/02/2005)

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

2/10 complexity

This instrument sets a formula for Conditional Adjustment Payments — an automatic percentage-based top-up to the standard daily government subsidy for each aged‑care resident. The CAP Proportion starts at 1.75% in 2004–05 and increases by 1.75 percentage points each year to 7% in 2007–08; the top-up equals that percentage multiplied by the existing subsidy rate.

It applies to approved aged‑care providers and guarantees predictable, escalating extra funding over four years.

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Current sections

Direct links to the current provisions in Aged Care Act 1997 - Determination under section 44-16(3) (10/02/2005).

Aged Care Act 1997 - Determination under section 44-16(3) (10/02/2005)

Aged Care Act 1997

Determination under section 44-16 (3)

I, JULIE BISHOP, Minister for Ageing, acting under section 44-16 (3) of the Aged Care Act 1997 (“the Act”) DETERMINE, commencing on 1 April 2005, that the amounts of CONDITIONAL ADJUSTMENT PAYMENT for a particular day are the amounts worked out in accordance with the method set out below.

1. Calculate the CAP Proportion for the particular day as follows:

(a) for a day in the financial year ending on 30 June 2005 — 0.0175 and

(b) for a day in a later financial year ending on or before 30 June 2008 — the sum of:

(i) the CAP Proportion for a day in the previous financial year; and

(ii) 0.0175.

2. Calculate the Base Amount for a particular care recipient and a particular day as follows:

The Base Amount is equal to the basic subsidy amount for the day for the care recipient as determined by Subdivision 44-B of the Act

3. Calculate the amount of the CONDITIONAL ADJUSTMENT PAYMENT for a particular care recipient and a particular day as follows:

The amount of the CONDITIONAL ADJUSTMENT PAYMENT is equal to the CAP Proportion times the Base Amount.

Dated 10th day of February 2005

Julie Bishop

JULIE BISHOP

Minister for Ageing

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 Aged Care Act 1997 - Determination under section 44-16(3) (10/02/2005)