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1.1.A.45 Adjusted rate of FTB/CCB

Definition: adjusted rate of FTB

The adjusted rate of FTB is a rate less than the recipient's legislative rate, paid as a result of an instalment recipient's delivery choice.

 

Definition: adjusted rate of CCB

The adjusted rate of CCB is the CCB % reduction chosen by a recipient that reduces or recovers any potential overpayment. The adjusted rate is less than the recipient's legislative rate.

 

Definition: elected rate of CCB

Where a CCB recipient chooses not to take up the adjusted rate, he or she may elect to receive a rate between the legislative and adjusted rates - this is known as the elected rate of CCB.

 

Policy reference: FA Guide 3.5.2.20 Calculating the Approved Care Adjustment Percentage, 4.6.4.10 Adjusted Rate of CCB

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Last reviewed: 20 March 2013


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Last Edited: 01/03/2013 9:43:56 AM


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