Document ID: chunk:federal_register_of_legislation:F2025C00180:reg:31a
Version: federal_register_of_legislation:F2025C00180
Segment Type: reg
Provision Reference: reg 31A
Character Range: 63637–64507

31A  Requirement for content of notice to funders of last resort that the offer is accepted
 (1) For the purposes of subsection 44A(b) of the Act, this section sets out additional requirements about the content of a notice to a funder of last resort that an offer is accepted.
 (2) The notice must state the total amount of redress the person is going to receive, inclusive of the value of the counselling and psychological component.
Note: Institutions listed under funder of last resort arrangements are not participating institutions. The Direct Personal Response is only offered where a responsible institution is listed under section 164B of the Act. Where a person accepts this component of redress, information about this acceptance may be provided to the relevant funder of last resort in the notice.

Part 8—Provision of redress

Division 1—Simplified outline