Limit on amount held
95 Limit on amount held
The amount standing to the credit of a resident in that person's trust account must not exceed the amount prescribed for the purposes of this section.
If the Secretary or the disability service provider considers that an amount to be credited to a person's trust account will result in the amount standing to the credit of the person exceeding the amount prescribed under subsection (1), the Secretary or the disability service provider must advise the person, or arrange for the person or the person's representative to be advised, to invest the money in an appropriate manner.
This Act’s bill:Explanatory memorandumSecond reading speech
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