Document ID: chunk:federal_register_of_legislation:F2024C00993:reg:12
Version: federal_register_of_legislation:F2024C00993
Segment Type: reg
Provision Reference: reg 12
Character Range: 15642–16330

12  Payment procedure
 (1) The Chief Executive Medicare must pay a CAPS payment, or an instalment of a CAPS payment, to which a participating person has become entitled under the Scheme to:
 (a) the person; or
 (b) if there is an authorised payment recipient for the person—the authorised payment recipient; or
 (c) if the person has died, the person's estate.
 (2) The CAPS payment must be made:
 (a) in one transaction unless the person has elected, in the approved
form, to receive the payment in two instalments (except where subsection 13(4) applies); and
 (b) by way of electronic funds transfer to the bank account notified, in the approved form, to the Chief Executive Medicare.