CONTENTSContact your Ministry regional office for more details regarding a change of service provider or for other licensing requirements.
Funding for new ownership#
The new service provider must contact their Ministry regional office so that the change of service provider can be verified.
Funding payments to the new owners will not be made until the change of service provider has been verified by a Ministry regional office.
New bank account#
If the service will have a different bank account under the service provider, an RS2 form must be completed by the new service provider of the service and returned to the ECE Resourcing team.
Funding payments will not be made to the new bank account until the completed RS2 form has been received by the ECE Resourcing team.
See Section 8-1 for instructions on completing the RS2 Form.
Submissions of RS7 returns#
All early learning services must submit RS7 returns 3 times a year. This enables the calculation of funding payments to be made 3 times a year. The percentage funding band is calculated using the certificated teacher hours (Staff Hour Count) for the relevant 4 month funding period (refer Chapter 9-4).
As specified in Chapter 2-4 each payment is made up of an advance for the next four months and a ‘washup payment’ for the previous 4 months.
If a service has a change in service provider (ownership) during a funding period, the new operator can:
- submit a paper-based RS7 return for the period before the purchase
- submit an electronic RS7 return for the period after the purchase
- or, email an entire paper-based funding claim to us.
Email: [email protected]
Split payments#
All funding is paid to the new operator of the service (the new service provider).
The Ministry does not split funding payments.
Note: independent legal and financial advice should be sought for negotiations between parties, including regarding any possible payment to the previous operator to be made by the new operator.
