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NATIONAL DISABILITY INSURANCE SCHEME ACT 2013 - SECT 42 Meaning of managing the funding for supports under a participant's plan

NATIONAL DISABILITY INSURANCE SCHEME ACT 2013 - SECT 42

Meaning of managing the funding for supports under a participant's plan

  (1)   For the purposes of this Act, managing the funding for supports under a participant's plan means doing one or more of the following:

  (a)   purchasing the supports identified in the plan (including paying any applicable indirect costs, such as taxes, associated with the supports);

  (b)   receiving any funding provided by the Agency;

  (ba)   managing any funding provided by the Agency;

  (c)   acquitting any funding provided by the Agency.

  (2)   For the purposes of the statement of participant supports in a participant's plan, in specifying the management of the funding for supports under the plan as mentioned in paragraph   33(2)(d), the plan must specify that such funding is to be managed wholly, or to a specified extent, by:

  (a)   the participant; or

  (b)   a registered plan management provider; or

  (c)   the Agency; or

  (d)   the plan nominee.