You, your plan nominee or child representative, can’t self-manage your funding if:
- you, your nominee or child representative are currently bankrupt or insolvent under administration
- you or your nominee have been convicted of an offence punishable by 2 or more years in prison
- you or your nominee have been convicted of an offence involving fraud or dishonesty.
Or if we think that:
- you, your plan nominee or child representative are unlikely to spend your funding only on NDIS supports and in line with your plan
- there’s an unreasonable risk to you if you, your nominee or child representative self-manage your funding.
Are you bankrupt or insolvent?
You can’t manage your NDIS funding if you’re currently insolvent under administration. Your plan nominee or child representative also can’t manage your funding if they’re insolvent under administration.
Insolvent generally means you can’t pay your debts when they are due.
Your NDIS funding can’t be self-managed if you, your plan nominee or child representative:
- are currently bankrupt – contact the Australian Financial Security Authority if you’re not sure
- have property under the control of people you owe money to. For example, your bank or the Australian Financial Security Authority
- have a personal insolvency agreement to repay money you owe, and you haven’t followed the agreement
- have a debt agreement to repay money you owe.
This also applies if you, or your plan nominee or child representative, are an insolvent under administration in another country.
You might be able to self-manage your funding if you’re no longer insolvent under administration. But we’ll consider if there might be an unreasonable risk if you manage your funding.
Your plan nominee might be a company or body corporate, like a service provider or advocacy organisation. If so, they can’t be insolvent either.
A company or organisation can’t manage your funding if they are under voluntary administration, liquidation, or receivership .
What if you’ve been convicted of an offence punishable by 2 or more years in prison or involving fraud or dishonesty?
We need to think about if you or your plan nominee have had any criminal convictions.
You can’t self-manage if you or your nominee have been convicted of an offence that:
- led to a prison sentence of 2 years or more
- involves fraud or dishonesty.
What if you have a plan nominee or child representative?
If it’s part of their nominee arrangement, a plan nominee or child representative, may be able to manage your plan funding.
Your plan nominee may also be able to request who manages your plan funding.
They can do this if their nominee arrangement allows them to make decisions about parts of the preparation, management or changes to your plan.
Your plan nominee needs to work with you to understand what you want. They need to make decisions that help your personal and social wellbeing.
We’ll think about any risks to you if a plan nominee or child representative manage your plan funding.
We’ll also look at supports and strategies we can include in your plan to reduce these risks.
We can’t let your plan nominee or child representative manage your plan funding if they’re currently bankrupt or insolvent under administration.
Or if we think:
- they’re unlikely to spend your funding on only NDIS supports and in line with your plan
- it presents an unreasonable risk to you
- any business or other interests might affect how they manage your money.
We also can’t let your plan nominee manage your funding if:
- they’ve been convicted of an offence punishable by 2 or more years in prison
- they’ve been convicted of an offence involving fraud or dishonesty.
We consider risk in the same way as if you want to self-manage your plan funding.
Learn more about unreasonable risks and spending funding on NDIS supports and in line with your plan .
Learn more about nominees or child representatives.