s 88
In forceMeaning of present value of treatment and care liabilities—div 10.2
Part 10Administration of LTCS scheme
Division 10.2Recovery of lifetime care and support payments
88 Meaning of present value of treatment and care liabilities—div 10.2
In this division:
present value of the LTCS commissioner’s treatment and care liabilities, in relation to a participant in the LTCS scheme, is worked out as follows:
A + B
A means the amount paid by the LTCS commissioner under part 6 (Payments under LTCS scheme) in relation to the participant’s treatment and care needs associated with the participant’s injury.
B means the present value of the amounts the LTCS commissioner estimates will become payable by the LTCS commissioner in the future under part 6 in relation to the participant’s treatment and care needs associated with participant’s injury.
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