336Requirement to notify event or change in circumstances

336  Requirement to notify event or change in circumstances

 (1) Subject to subsection (3), an individual accessing funded aged care services through the service group residential care must notify the System Governor of the occurrence of any event or a change in the individual’s circumstances that might affect:

 (a) the amount of subsidy, payable to a registered provider for the individual, worked out under Division 4 or Division 4A of Part 2; or

 (b) the amount of fees or contributions that may be charged by a registered provider to the individual under Division 2 or Division 2A of Part 3.

Note: The events or changes in circumstances might affect the individual’s total assessable income, the value of the individual’s assets, or whether paying an amount would cause the individual financial hardship.

 (2) The notification must be made in the manner, and within the period, prescribed by the rules.

 (3) The individual is not required to notify the System Governor under subsection (1) if a registered provider delivering funded aged care services to the individual notifies the System Governor of the occurrence of the event or the change in the individual’s circumstances under section 337.