Victorian Consolidated Legislation

Transport Accident Act 1986 - SECT 61B

Contents of individual funding agreements

61B. Contents of individual funding agreements



(1) Without limiting what may be included in an individual funding agreement,
the agreement must-

   (a)  provide for how long it remains in force;

   (b)  specify what approved services it covers;

   (c)  specify how and when payments under the agreement are to be made;

   (d)  require the reporting of specified information to enable the
        monitoring of the agreement;

   (e)  set out any other obligations of the parties under the agreement;

   (f)  provide for how the agreement may be amended;

   (g)  provide for how the agreement may be renewed;

   (h)  provide for how the agreement may be suspended or terminated, and in
        the case of termination, set out any obligations that are to apply to
        the parties as a result of the termination;

        (i)    specify that it is governed by the law of Victoria;

   (j)  provide for the recovery of-

   (i)  overpayments made under the agreement; and

   (ii) payments made under the agreement that were not applied in accordance
        with the agreement;

   (k)  set out a dispute resolution mechanism;

   (l)  provide for any other matter that is required for the purposes of this
        subsection by the Governor in Council by order published in the
        Government Gazette.

(2) Without limiting what may be included in an individual funding agreement,
an agreement may provide for payments to be made in advance, despite anything
to the contrary in section 27.