1 Subsection 58 - 3(1)
Omit "84%", substitute "85%".
2 Subsection 58 - 3B(3)
Repeal the subsection, substitute:
Standard resident contribution
(3) The standard resident contribution for a care recipient who is a * protected resident is the amount obtained by rounding down to the nearest cent an amount equal to 77.5% of the * basic age pension amount (worked out on a per day basis).
3 Subsection 58 - 3C(3)
Repeal the subsection, substitute:
Standard resident contribution
(3) The standard resident contribution for a care recipient to whom this section applies is the amount obtained by rounding down to the nearest cent an amount equal to 96.5% of the * basic age pension amount (worked out on a per day basis).
4 Subsection 58 - 4(5) (table items 5 and 6)
Repeal the items, substitute:
5 | 20 March 2012 to 30 June 2012 (inclusive) | 82 |
6 | 1 July 2012 to 19 September 2012 (inclusive) | 83 |
7 | 20 September 2012 to 19 March 2013 (inclusive) | 84 |
5 Application
The amendments made by this Schedule apply in relation to the calculation of
the standard resident contribution for a care recipient under Division
58 of the Aged Care Act 1997 in respect of a day that is on or after 1
July 2012.