Document ID: chunk:federal_register_of_legislation:C2024A00104:section:226e:p1
Version: federal_register_of_legislation:C2024A00104
Segment Type: section
Provision Reference: s 226E (pt 1/2)
Character Range: 382305–384932

226E  Home care account balance

Home care account
 (1) A notional home care account is established for an individual at the transition time if:
 (a) immediately before the transition time:
 (i) the individual had a home care account under the old Act; and
 (ii) the home care account balance of that account under the old Act was not zero; and
 (b) at the transition time, no registered provider holds an unspent Commonwealth portion for the individual under section 226A.

Available balance
 (2) The available balance of an individual's home care account at a time is the difference, worked out in accordance with this section, between the sum of the credits that have been made to the account at that time, reduced (but not below zero) by the sum of the debits that have been made to the account at that time.

Initial credit
 (3) At the transition time, the amount of the individual's home care account balance under the old Act immediately before the transition time is credited to the account.

Credit for return of unspent Commonwealth portion—provider election
 (4) If a registered provider elects to return the available balance of an unspent Commonwealth portion for the individual to the Commonwealth under section 226B, the account is credited, at the start of a day prescribed by the rules (which may be a day before the day the election is made), by the amount of that balance at the start of that day.

Credit for return of unspent Commonwealth portion—individual transfers between provider service delivery branches
 (5) If a registered provider returns the available balance of an unspent Commonwealth portion for the individual to the Commonwealth under section 226C, the account is credited, at the start of a day prescribed by the rules, by the amount of that balance at the start of that day.

Credit for return of unspent Commonwealth portion—provider ceases to deliver services
 (6) If a registered provider returns the available balance of an unspent Commonwealth portion for the individual to the Commonwealth under section 226D, the account is credited, at the start of a day prescribed by the rules, by the amount of that balance at the start of that day.

Debits
 (7) If one or more claims are made under section 251 for person‑centred subsidy for the delivery of a funded aged care service to the individual on a day, the account is reduced on that day (but after the start of the day), in the order prescribed by the rules, by the amount worked out under:
 (a) Step 6 of the method statement in subsection 192(1) or (2); or
 (b) Step 5 of the method statement in section 210; or
 (c) Step 5 of the