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Round the amount to 2 decimals. The result is the length of the sanction period. The resulting whole number is the length of sanction months, and any fractional remainder are additional days.

b. Multiply the remaining fractional amount by 31.

(1) The result is the additional number of days to be added to the sanction period.

(2) Drop any fractional portion of a day.

2. NC FAST will determine the sanction period, if applicable. Refer to NC FAST Job Aid: Sanction for Transfer of Assets.

C. When to Apply the Sanction

Use the following policy to determine the start date of the sanction. Use policy A. and B. above to determine the length of the sanction.

1. Applying the Sanction to an Ongoing Beneficiary of Institutional Services

This section explains when to start a transfer of asset sanction for a beneficiary receiving institutional services. a. The sanction is applied prospectively for the following beneficiaries: (1) The transfer of asset evaluation was completed after approval of institutional services and a transfer is found, or (2) An ongoing beneficiary of institutional services reports an asset was transferred or a transfer is found during recertification

b. Start the sanction period, the first day of the month following timely notice of the sanction period.

(1) Determine the sanction period for the whole months calculated in B.1.a. above using the DHB-5181 Calculating the Penalty Period.

(2) Add the fractional days to the sanction determined in B.1.b. above.

(3) Authorize MAGI and CAP cases the day after the last day of the sanction.