2Payment for acting as administrator

2 Payment for acting as administrator

The amount the administrator is entitled to payment (including GST) from the funds of the represented person is shown below.

2.1 $350 per hour (inclusive of GST) for the planning, decision making and negotiation to secure the represented person's financial position, including any of the following tasks—

(a) attending a Tribunal hearing for appointment of an administrator;

(b) establishing and reviewing an understanding about the represented person's income, expenses, assets and liabilities;

(c) establishing an understanding about the represented person's will and preferences for spending, gifting, managing assets and liabilities;

(d) establishing an understanding about whether the represented person has or needs an NDIS plan;

(e) meeting with a represented person's guardian or other formal or informal decision maker or supporter, determining decisions to be made by the guardian or other formal or informal decision maker and likely impact on finances;

(f) if necessary, replacing the represented person as director of a company, where Corporations Law permits, or other role (such as appointor of discretionary trust, where this is permitted under the terms of the trust) unless other provisions have been made for those roles (include seeking legal advice on performance of role);

(g) deciding whether the represented person is able to have access to any funds or manage any of the tasks themselves;

(h) deciding whether any restructure of bank accounts is required, establishing if the represented person has any joint ownership arrangements and how these will be managed;

(i) reviewing, approving and lodging a Financial Statement and Plan;

(j) negotiating and making arrangements with debtors;

(k) carrying on a business of the represented person and reviewing, settling and signing contracts and agreements;

(l) purchasing or selling real estate;

(m) attending reassessment hearings at the Tribunal;

(n) communicating with the Tribunal about any major decision for which an administrator requires approval or advice prior to undertaking the transaction (for example, change of ownership of assets from joint to sole and, in some cases, sale of property).

2.2 $120 per hour (inclusive of GST) for administrative tasks relating to transactions, record keeping, correspondence and other administrative aspects of planning, decision making and negotiation, including any of the following tasks—

(a) securing, taking possession, or collecting assets;

(b) locating the represented person's Will;