Document ID: chunk:federal_register_of_legislation:F2025C00053:reg:17
Version: federal_register_of_legislation:F2025C00053
Segment Type: reg
Provision Reference: reg 17
Character Range: 22329–24760

17  Amount of accommodation supplement—reduced accommodation bond or accommodation bond charged etc.
 (1) This section applies in relation to an eligible supported resident and a day if section 16 does not apply.
 (2) The notional amount of the accommodation supplement for the day for the eligible supported resident is worked out in accordance with the following formula:
where:
A is:
 (a) if a determination is in force under paragraph 57‑14(1)(b) of the Transitional Provisions Act in relation to the supported resident—the sum of:
 (i) the maximum amount of accommodation bond specified in the determination; and
 (ii) the minimum permissible asset value for the supported resident; or
 (b) if a determination is in force under paragraph 57A‑9(1)(b) of the Transitional Provisions Act in relation to the supported resident—the sum of:
 (i) the maximum amount of accommodation charge specified in the determination multiplied by 2080; and
 (ii) the minimum permissible asset value for the supported resident; or
 (c) in any other case—the value of the supported resident's assets at the time when he or she entered the relevant residential care service or at another time specified in the Transitional Provisions Principles for paragraph 44‑5B(1)(c) of the Transitional Provisions Act.
AMA is the applicable maximum amount for the day for the supported resident.
T (short for threshold) is the minimum permissible asset value for the supported resident.
 (3) The amount of the accommodation supplement for a day for the eligible supported resident is:
 (a) the notional amount of accommodation supplement for the day for the supported resident, worked out under subsection (2), if on the day, either of the following (the specified circumstances) applies:
 (i) more than 40% of care recipients to whom the relevant residential care service provides residential care, who are both post‑2008 reform residents and relevant residents, are low‑means care recipients or supported residents;
 (ii) more than 40% of relevant residents to whom the relevant residential care service provides residential care are assisted residents, concessional residents, low‑means care recipients or supported residents; or
 (b) if neither of the specified circumstances apply—75% of the notional amount of accommodation supplement for the day for the supported resident, worked out under subsection (2).

Division 2—Concessional resident supplement