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.