289Maximum accommodation payment amount

289  Maximum accommodation payment amount

 (1) The rules may prescribe a maximum amount of accommodation payment (the maximum accommodation payment amount) that a registered provider may charge an individual for the delivery of ongoing funded aged care services to the individual through the service group residential care in an approved residential care home.

Note 1: Whether or not an individual pays an accommodation payment depends on the individual’s daily means tested amount, which might not be worked out before the individual’s start day.

Note 2: The Pricing Authority may, on application by a registered provider, approve the registered provider agreeing to, and charging, a higher maximum accommodation payment amount: see section 290.

 (2) The maximum accommodation payment amount must be expressed as a refundable accommodation deposit amount.

 (3) The rules must prescribe a method for working out the maximum accommodation payment amount expressed as a daily accommodation payment amount.

 (4) A registered provider may charge less than the prescribed maximum accommodation payment amount.