Liability for funding contribution
149 Liability for funding contribution
If, in a quarter, a person becomes entitled to redress for abuse of the person, then:
each participating institution that is determined by the Operator under paragraph 29(2)(b) to be responsible for the abuse; and
each participating jurisdiction that is determined under paragraph 29(2)(k) to be a funder of last resort for an institution that is determined by the Operator under paragraph 29(2)(j) to be responsible for the abuse;
is liable to pay funding contribution for that quarter.
If the responsible institution is a defunct institution, its representative will be liable to pay the funding contribution (see section 123).
If the responsible institution is an unincorporated lone institution, its representative will be jointly and severally liable with the institution to pay the funding contribution (see section 131).
If the responsible institution is a member of a participating group, the representative for the group will be jointly and severally liable with the institution to pay the funding contribution (see section 141).
A quarter is a period of 3 months beginning on 1 July, 1 October, 1 January or 1 April.
Subsection (1) does not apply to a Commonwealth institution.
The rules may provide for the application of this Part to a Commonwealth institution.
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