114Unspent funds supplement

114 Unspent funds supplement

Application of this section (1) This section applies in relation to subsidy for which a registered provider is eligible under section 191, 209 or 218 of the new Act for the delivery of a funded aged care service to an individual on a day if: (a) the provider makes a claim for the subsidy under subsection 251(1) of the new Act; and (b) apart from the operation of this section, some or all of the debit amount referred to in subsection 251A(1) or 251A(3) of the new Act in relation to the subsidy is payable under that subsection because either or both of the following apply: (i) the provider holds an unspent Commonwealth portion for the individual; (ii) there is an available balance of a home care account for the individual. (2) The percentage of the debit amount that would, apart from the operation of this section, be payable as referred to in paragraph (1)(b) of this section is the unspent funds percentage. Modified operation of new law—individual contribution and person‑centred subsidy amounts (3) The subsidy for which the provider is eligible under section 191, 209 or 218 of the new Act, and the fees and contributions payable by the individual under Division 1 of Part 3 of Chapter 4 of the new Act, for the delivery of the funded aged care service on the day are taken to be modified as if: (a) the individual contribution for the delivery of the funded aged care service to the individual on the day worked out under subsection 273(2) of the new Act included an additional Step 3A after Step 3 in the method statement in that subsection, which required that the Step 3 amount were reduced by an amount (the relevant amount) equal to the Step 3 amount multiplied by the unspent funds percentage; and (b) Step 4 of the method statement in that subsection referred to the Step 3A amount rather than the Step 3 amount; and (c) the secondary person‑centred supplements for the classification type for the service group that applied to the individual for the day under section 197, 214 or 223 of the new Act included an unspent funds supplement amount that is equal to the relevant amount referred to in paragraph (a) of this subsection.

Note: Any individual contribution reduction for the individual for the service under section 199, 208, 217 or 226 of the new Act will also be reduced because of the operation of paragraphs (a) and (b).

(4) To avoid doubt, sections 251A and 251B of the new Act apply to the subsidy for which the provider is eligible under section 191, 209 or 218 of the new Act, and the fees and contributions payable by the individual under Division 1 of Part 3 of Chapter 4 of the new Act, for the delivery of the funded aged care service on the day as modified under subsection (3) of this section.