Document ID: chunk:federal_register_of_legislation:F2021C00590:reg:9
Version: federal_register_of_legislation:F2021C00590
Segment Type: reg
Provision Reference: reg 9
Character Range: 9366–11916

9  Residential care grants—working out amount to be allocated
 (1) For subsection 74‑1(1) of the Act, the amount of a residential care grant in respect of a project for the provision of residential care is the amount worked out by the Secretary in accordance with this section.
Note: The amount of a grant to an approved provider must not exceed the difference between:
(a) the capital works cost of the project in respect of which the grant is payable; and
(b) the sum of the money (if any) spent, and the money presently available for expenditure, by the approved provider towards the capital works cost of the project.
 See subsection 74‑1(2) of the Act.
 (2) In working out the amount of a residential care grant in respect of a project for the provision of residential care, the Secretary may have regard to the following:
 (a) the purpose for which the grant is required;
 (b) the capacity of the approved provider to borrow money for the project (including the capacity to borrow money on short notice for urgent building, rebuilding, renovation or restoration work to be carried out to meet Commonwealth, State, Territory or local government fire, safety, health or occupational health and safety standards or because of fire, flood, earthquake or other unforeseen circumstances);
 (c) the capacity of the approved provider, or the proposed care recipients of the residential care when the project is completed, to contribute to funding the project;
 (d) the value of any non‑monetary contribution by the approved provider to the project;
 (e) the kind of people who are to be care recipients of the residential care.
 (3) For the purpose of applying subsection 74‑1(2) of the Act in working out the amount of a residential care grant in respect of a project for the provision of residential care, none of the following are to be treated as capital works costs of the project:
 (a) costs of routine administration of the residential care service to which the grant relates, whether or not the costs are related to the project;
 (b) the cost of acquiring and operating vehicles;
 (c) the cost of rent, insurance and State, Territory and local government statutory charges (for example, rates);
 (d) normal overhead and operating costs;
 (e) any tax payable by the residential care service to which the grant relates, including any tax payable as a result of receiving the grant;
 (f) costs associated with obtaining finance for the project;
 (g) the cost of interest related to any finance obtained for the project.

Part 3—Advocacy grants