Retrospective approval

Registered funded agencies with unapproved borrowing arrangements are required to apply for retrospective approval from the Minister for Health and the Treasurer as soon as possible. This involves submitting a business case as outlined in "Preparing a business case". Any rural hospital or CHC agency in this situation should contact their Department of Human Services rural office and the Planning and Resources Branch. Any Metropolitan Health Services should contact the Metropolitan Health Service Relations Branch.

As part of the retrospective approval application process, current-funding arrangements must be reviewed to examine refinancing options using TCV facilities. This is to ensure that the agency has selected the most economical alternative.

Any future borrowings must be approved in advance.