1.1.F.20 Funder of last resort

Definition

For the purposes of the National Redress Scheme, funder of last resort refers to when the Operator determines that a Commonwealth, state or territory government institution is equally responsible for the child sexual abuse of a person with a defunct non-government institution, and pays the defunct institution's share of redress.

The Commonwealth, state or territory government must agree that it will be a funder of last resort for a defunct non-government institution before any payment for redress is made to a person.

Act reference: NRSAct section 29 The Operator must make a determination on the application, section 163 Funders of last resort

Policy reference: Redress Guide 8.2 Funders of last resort

Last reviewed: 1 July 2019