Commonwealth Consolidated Acts

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NATIONAL DISABILITY INSURANCE SCHEME ACT 2013 - SECT 42

Meaning of managing the funding for supports under a participant's plan

             (1)  For the purposes of this Act, managing the funding for supports under a participant's plan means doing one or more of the following:

                     (a)  purchasing the supports identified in the plan (including paying any applicable indirect costs, such as taxes, associated with the supports);

                     (b)  receiving any funding provided by the Agency;

                   (ba)  managing any funding provided by the Agency;

                     (c)  acquitting any funding provided by the Agency.

             (2)  For the purposes of the statement of participant supports in a participant's plan, in specifying the management of the funding for supports under the plan as mentioned in paragraph 33(2)(d), the plan must specify that such funding is to be managed wholly, or to a specified extent, by:

                     (a)  the participant; or

                     (b)  a registered plan management provider; or

                     (c)  the Agency; or

                     (d)  the plan nominee.



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