Document ID: chunk:federal_register_of_legislation:C2025C00143:section:10:p47
Version: federal_register_of_legislation:C2025C00143
Segment Type: section
Provision Reference: s 10 (pt 47/50)
Character Range: 126640–129427

requirements (see section 52M‑1 of the Aged Care Act 1997);
 (l) the approved provider is entitled to income derived from investing the *accommodation bond balance (see section 57‑18);
 (m) amounts must not be deducted from the accommodation bond balance, except for amounts deducted under section 57‑19;
 (o) the approved provider must not charge an accommodation bond if:
 (i) a sanction has been imposed on the approved provider under section 63N of the *Quality and Safety Commission Act; and
 (ii) the sanction prohibits the charging of an accommodation bond for the entry;
 (p) any other rules specified in the Aged Care (Transitional Provisions) Principles.
 (2) If, at the end of the 21 days mentioned in paragraph (1)(e):
 (a) the approved provider and the care recipient have not entered into an *accommodation bond agreement; and
 (b) a process under a law of the Commonwealth, a State or a Territory has begun for a person (other than an approved provider) to be appointed, by reason that the care recipient has a mental impairment, as the care recipient's legal representative;
the time limit in that paragraph is extended until the end of 7 days after:
 (c) the appointment is made; or
 (d) a decision is made not to make the appointment; or
 (e) the process ends for some other reason;
or for such further period as the Secretary allows, having regard to any matters specified in the User Rights Principles.

Subdivision 57‑C—Accommodation bond agreements

57‑9  Contents of accommodation bond agreements
 (1) An agreement between an approved provider and a person proposing to *enter, or having entered, as a care recipient to a residential care service, or flexible care service, through which the approved provider provides care is an accommodation bond agreement if it sets out the following:
 (a) the amount of the *accommodation bond that:
 (i) will be payable if the care recipient enters the residential care service or flexible care service; or
 (ii) if the care recipient has already entered the residential care service or flexible care service—is payable;
 (b) the care recipient's proposed date of entry, or date of entry, to the residential care service or flexible care service;
 (c) how the accommodation bond is to be paid, and if the accommodation bond is to be paid by periodic payments, the conditions relating to the periodic payments (which must comply with the requirements of section 57‑17);
 (d) when the accommodation bond is payable;
 (e) the amount of each retention amount (within the meaning of section 57‑20) that will be deducted from the *accommodation bond balance;
 (f) when retention amounts and other amounts permitted by section 57‑19 to be deducted from the accommodation bond balance will be deducted;
 (g) unless the care recipient