Residential Care Subsidy Amendment Principles 2009 (No. 1) (Cth)
Residential Care Subsidy Amendment Principles 2009 (No. 1)1
Aged Care Act 1997
I, JUSTINE ELLIOT, Minister for Ageing, make these Principles under subsection 96-1 (1) of the Aged Care Act 1997.
Dated 8 September 2009
JUSTINE ELLIOT
Minister for Ageing
Name of Principles
These Principles are the Residential Care Subsidy Amendment Principles 2009 (No. 1).
Commencement
These Principles commence on 20 September 2009.
Amendment of Residential Care Subsidy Principles 1997
Schedule 1 amends the Residential Care Subsidy Principles 1997.
Schedule 1 Amendments
(section 3)
[1] Subsections 21.3 (2) and (3), excluding the note
substitute
(2) For paragraph 44‑7 (1) (b) of the Act, homeowner does not include a person if the value of the person’s interest in the home does not exceed:
(a) if a determination covered by subsection 44-7 (1B) of the Act for the person specifies a time after 19 September 2009 — 2.25 times the basic age pension amount at that time; or
(b) if the applicable time under section 44-7 (2) of the Act for a determination covered by subsection 44-7 (1C) of the Act for the person is after 19 September 2009 — 2.25 times the basic age pension amount at the applicable time; or
(c) in any other case — 2.5 times the basic age pension amount at the applicable time.
(3) For paragraph 44‑8 (1) (b) of the Act, homeowner does not include a person if the value of the person’s interest in the home does not exceed:
(a) if a determination covered by subsection 44-8 (1B) of the Act for the person specifies a time after 19 September 2009 — 3.61 times the basic age pension at that time; or
(b) if the applicable time under subsection 44-8 (2) of the Act for a determination covered by subsection 44-8 (1C) of the Act for the person is after 19 September 2009 — 3.61 times the basic age pension amount at the applicable time; or
(c) in any other case — 4 times the basic age pension amount at the applicable time.
[2] Paragraphs 21.32D (2) (a) and (b)
substitute
(a) if:
the amount specified is:
(b) if:
the amount specified is:
[3] Paragraphs 21.32D (3) (a) and (b)
substitute
(a) if:
the amount specified is:
(b) if:
the amount specified is:
[4] Subsection 21.32D (4), definition of P, paragraphs (b) and (c)
substitute
(b) the amount worked out by applying point 1064-BA4 of Pension Rate Calculator A at the end of section 1064 of the Social Security Act 1991.
[5] Subsection 21.32D (4), definition of T
omit
points 1064‑E4 to 1064‑E9
insert
point 1064‑E4
[6] Sub-subparagraph 21.37 (1) (c) (iii) (B)
substitute
(B) less than $1 774.42.
Note
1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See
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