Document ID: chunk:federal_register_of_legislation:F2024C00838:reg:32
Version: federal_register_of_legislation:F2024C00838
Segment Type: reg
Provision Reference: reg 32
Character Range: 53555–55610

32  Additional daily accommodation contribution amount payable if part of accommodation contribution paid by refundable accommodation contribution
 (1) This section applies in relation to a care recipient who:
 (a) may be charged an accommodation contribution for a residential care service; and
 (b) has paid part of the accommodation contribution for the service by refundable accommodation contribution.
Note: A care recipient must not be charged an accommodation contribution for a residential care service unless the care recipient's means tested amount, at the date the care recipient enters the service, is less than the maximum accommodation supplement amount for that day (see subsection 44‑21(6) and paragraph 52G‑6(a) of the Act).
 (2) The daily accommodation contribution amount (the additional daily accommodation contribution amount) that the approved provider of the service could charge the care recipient on a day (the relevant day) for the service, in addition to the refundable accommodation contribution amount already paid by the care recipient, must be the amount worked out as follows:

      Additional daily accommodation contribution amount calculator
           Step 1. Work out the maximum permissible interest rate for the care recipient's entry day using the calculator in section 6.
           Step 2. Work out the amount that is the difference between:

                (a) the maximum refundable accommodation contribution amount for the care recipient for the relevant day worked out using the calculator in section 31; and
                (b) the refundable accommodation contribution balance for the care recipient on the relevant day.

           Step 3. Multiply the rate worked out at step 1 by the amount worked out at step 2.
           Step 4. Divide the amount worked out at step 3 by 365.
      The result is the additional maximum daily accommodation contribution amount that the approved provider could charge the care recipient on the relevant day for the service.

Division 5—Rules about daily payments