Commonwealth Consolidated Acts

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AGED CARE ACT 1997 - SECT 47.3

Advances

             (1)  Subject to subsection 47-4(2), * home care subsidy is payable by the Commonwealth in advance, in respect of a * payment period, at such times as the Secretary thinks fit.

             (2)  The Secretary must work out the amount of an advance to be paid to an approved provider in respect of the first * payment period for a home care service by estimating the amount of * home care subsidy that will be payable for the days in that period and in the following payment period.

             (3)  The Secretary must work out the amount of an advance to be paid to an approved provider in respect of subsequent * payment periods for a home care service by:

                     (a)  estimating the amount of * home care subsidy that will be payable for the days in the period; and

                     (b)  increasing or reducing that amount to make any adjustments that the Secretary reasonably believes are necessary to take account of likely underpayments or overpayments in respect of advances previously paid under this section.

             (4)  The amounts of advances must be worked out in accordance with any requirements set out in the Subsidy Principles.



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