Document ID: chunk:federal_register_of_legislation:F2025C00076:reg:51
Version: federal_register_of_legislation:F2025C00076
Segment Type: reg
Provision Reference: reg 51
Character Range: 56235–57538

51  Excluded amounts—rent receipts
 (1) For a care recipient for whom an accommodation charge is payable, the amount of any income received by the care recipient, or the care recipient's partner, from rental of the care recipient's principal home to another person is an excluded amount.
 (2) In this section:
accommodation charge means an amount of money that accrues daily and is paid or payable by the care recipient for the care recipient's entry to a residential care service through which care is, or is to be, provided by the approved provider of the service.
Note 1: Paragraph 8(8)(zn) of the Social Security Act and paragraph 5H(8)(nc) of the Veterans' Entitlements Act describe how, for the purposes of each Act, income is defined for a person who is accruing a liability to pay an accommodation charge.
Note 2: Subsection 5L(6A) of the Veterans' Entitlements Act describes how, for the purposes of that Act, assets are defined for a person who is accruing a liability to pay an accommodation charge.
Note 3: Clause 17A of Schedule 5 to the Veterans' Entitlements Act describes how, for the purposes of that Act, income is defined in relation to a person who first became a charge exempt resident before the commencement of Schedules 1, 2 and 3 to the Aged Care Amendment (Omnibus) Act 1999.