Residential Care Subsidy Amendment Principles 2010 (No. 1)¹
 
 
Aged Care Act 1997
                                                                               
I, JUSTINE ELLIOT, Minister for Ageing, make these Principles under subsection 96‑1 of the Aged Care Act 1997.
 
Dated                         15th                     June 2010
 
 
 
 
 
 
JUSTINE ELLIOT
Minister for Ageing
1            Name of Principles
These Principles are the Residential Care Subsidy Amendment Principles 2010 (No. 1).
2            Commencement
These Principles commence on 1 July 2010.
3            Amendment of the Residential Care Subsidy Principles 1997
Schedule 1 amends the Residential Care Subsidy Principles 1997.
 
 
Schedule 1        Amendments
(section 3)
 [1]          Subsection 21.26B (1), definition of financial period
substitute
     financial period, for an approved provider, means:
(a)          unless paragraph (b) applies, the period of 12 months beginning on 1 December in any year; or
(b)          if, under paragraph (2)(a), the Secretary determines another period (being a period that begins on the first day of a month) for the approved provider – that other period.
[2]           Section 21.26C
omit
                   or 21.26F (2) (b)
[3]           After subsection 21.26D (2)
insert
(3)               If the amendment to the definition of financial period in subsection 21.26B (1) (a) which commenced on 1 July 2010 results in CAP not applying to a care recipient (but for this subsection) for the payment period of November 2010, CAP will apply to the care recipient for that payment period if CAP applied to the care recipient for the payment period of October 2010.
[4]           Sub-subparagraph 21.26F (2) (a) (iv) (C)
substitute
(C)    a representative of a person to whom sub-subparagraph (A) or (B) applies.
[5]           Sub-subparagraph 21.26F (2) (a) (iv) (D)
omit
[6]           Paragraph 21.26F (2) (b)
substitute
(b)    the approved provider has given the Secretary a copy of the audited financial report, before the beginning of the payment period.
[7]           Subsection 21.26F (2A)
substitute
(2A)       To avoid doubt, for paragraph (2) (b), in relation to a payment period, if an approved provider, before the beginning of an earlier payment period, has given the Secretary a copy of the audited financial report, the approved provider is taken to have given that report to the Secretary before the beginning of the later payment period.
[8]           Paragraph 21.26F (3) (f)
substitute
(f)     for the accounting standard relating to segment reporting that applies to the relevant financial year, if the entity is an entity other than an entity to which the standard applies – be written as if the entity was an entity to which the standard applies.
[9]           Subsection 21.26F (4)
omit  
paragraph (2) (a)
 
insert
paragraphs (2) (a) and (b)
[10]         Subsection 21.26F (5), references to ‘paragraph (2) (a)’, wherever occurring
omit  
paragraph (2) (a)
 
insert
paragraphs (2) (a) and (b)
[11]         Subparagraph 21.26G (2) (a) (ii)
substitute
is taken, under subsection (4), to have complied with subparagraph (i).
[12]         Paragraph 21.26G (2) (b)
 
omit
Note
1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://www.frli.gov.au.