Reimbursing the States and Territories—limit on annual debits based on maximum amount of credits for States and Territories
19 Reimbursing the States and Territories—limit on annual debits based on maximum amount of credits for States and Territories
The total amount of debits from the DisabilityCare Australia Fund Special Account under section 18 in a financial year must not exceed the maximum amount of credits for States and Territories for the financial year under section 13 (taking into account the increase, if any, under a previous operation of subsection (4)).
If a direction under subsection 18(1) would, apart from this section, result in a contravention of subsection (1), the direction is invalid.
Subsection (4) applies if the total amount of debits from the DisabilityCare Australia Fund Special Account under subsection 18(1) in a financial year falls short of the maximum amount of credits for States and Territories for the financial year under section 13 (taking into account the increase, if any, under a previous operation of subsection (4)).
Increase the maximum amount of credits for States and Territories for the next financial year by the amount of the shortfall.
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