Document ID: chunk:federal_register_of_legislation:F2025C00180:reg:27
Version: federal_register_of_legislation:F2025C00180
Segment Type: reg
Provision Reference: reg 27
Character Range: 53194–54319

27  Responsible institution's share of costs of counselling and psychological component
 (1) For the purposes of subsection 31(3) of the Act, this section prescribes how the amount that is a responsible institution's share of the costs of the counselling and psychological component of redress for a person is to be worked out.
 (2) The amount of the share must be worked out using the formula in subsection (3) and, if the result of the formula is not a whole number of cents, rounded up to the next whole number of cents.
 (3) The formula is as follows:
Note: This section is affected by section 28 if the Operator has made a determination under paragraph 29(2)(i) of the Act that a participating government institution is the funder of last resort for a defunct institution in relation to the abuse. The modifications apply for working out every responsible institution's share of the costs of the counselling and psychological component of redress for the person (even the share of a responsible institution other than the participating government institution).

Division 5—Special rules for funder of last resort cases