Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies if a participant's reasonable and necessary budget provides that funding will be provided under the plan for a particular stated support or a particular class of stated supports.
Specifying either a total funding amount or requirements for provision or acquisition of stated supports
(2) The reasonable and necessary budget must, for each stated support or class of stated supports, do at least one of the following:
(a) provide that funding will only be provided under the plan for the support or class of supports up to an amount (the total funding amount ) specified for the purposes of this paragraph for the support or class of supports;
(b) specify requirements under subsection 32H(1) in relation to the acquisition or provision of the support or class of supports.
Note: The total funding amount for a stated support or class of stated supports is worked out under section 32K.
Funding periods for stated supports
(3) Subject to subsection (4), the reasonable and necessary budget must, for each stated support or class of stated supports for which a total funding amount is specified, provide:
(a) that funding will be provided under the plan for the support or class of supports during periods (each of which is a funding period ) specified for the support or class of supports; and
(b) when each funding period for the support or class of supports starts and ends; and
(c) the proportion of the total funding amount for the support or class of supports that will be provided under the plan during each funding period for the support or class of supports.
(4) The National Disability Insurance Scheme rules may provide that subsection (3) does not apply in relation to supports prescribed for the purposes of this subsection.
(5) For the purposes of paragraph (3)(b):
(a) a funding period must be no more than 12 months; and
(b) the duration of a particular funding period may be different from the duration of any other funding period; and
(c) the first funding period for a stated support or class of stated supports must start on the day the plan comes into effect; and
(d) each other funding period for a stated support or class of stated supports must start immediately after the end of the immediately preceding funding period for that support or class of supports.
Rolling over unspent funding
(6) If the reasonable and necessary budget provides as mentioned in subsection (3), it must also provide that the amount of funding that will be provided during a funding period for a stated support or class of stated supports will be increased above the proportion provided for the funding period under paragraph (3)(c) by an amount equal to the amount by which:
(a) the amount of funding that could have been provided for that stated support or class of stated supports under the plan during the immediately preceding funding period; exceeds
(b) the amount of funding that was actually provided for that stated support or class of stated supports.
Note: National Disability Insurance Scheme rules may be made in relation to this section under section 32J.