Maximum daily amount of resident contribution
277 Maximum daily amount of resident contribution
The maximum daily amount of the resident contribution payable by an individual for a day is the amount worked out as follows:
Method statement
Step 1. Work out the basic daily fee for the individual (see subsections (2) and (4)).
Step 2. Add the compensation payment fee (if any) for the individual for the day (see subsection (3)).
Step 3. Add the hotelling contribution (if any) for the individual for the day worked out using section 278 and subsection (4) of this section.
Step 4. Add the non‑clinical care contribution (if any) for the individual for the day worked out using section 279 and subsection (4) of this section.
The basic daily fee for an individual is:
the amount prescribed by, or worked out in accordance with, the rules; or
if no rules are in force for the purposes of paragraph (a)—the amount obtained by rounding down to the nearest cent the amount equal to 85% of the basic age pension amount (worked out on a per day basis).
The compensation payment fee for an individual for a day is the amount equal to the compensation payment reduction applicable to the individual on that day (see sections 233, 234 and 241).
Reduce the amounts worked out under each of Steps 1, 3 and 4 of the method statement in subsection (1) in accordance with rules made for the purposes of subsection 231(3).
This Act’s bill:Explanatory memorandumSecond reading speech
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