The following table sets out when a credit arises in a care recipient's * home care account and the amount of the credit. The credit is called a home care credit .
Credits in the home care account | |||
Item | If ... | a credit of ... | arises ... |
1 | the amount worked out at step 1 (Commonwealth contribution amount) of the home care subsidy calculator in subsection 48 - 1(2) for the care recipient in respect of a * payment period exceeds the amount worked out at step 2 (shortfall amount) of that calculator for the care recipient in respect of the payment period | the amount of the excess | at the later of: (a) the end of the subsequent payment period; and (b) the time the approved provider gives to the Secretary, under section 47 - 4, a claim in respect of the payment period |
2 | the circumstances specified in the Subsidy Principles happen | an amount specified in, or worked out in accordance with, the Subsidy Principles | at the time specified in the Subsidy Principles |