Document ID: chunk:federal_register_of_legislation:C2025C00129:section:42
Version: federal_register_of_legislation:C2025C00129
Segment Type: section
Provision Reference: s 42
Character Range: 145352–146287

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 funded under 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 32D(2)(f) or  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.