Document ID: chunk:federal_register_of_legislation:F2025C00074:reg:12
Version: federal_register_of_legislation:F2025C00074
Segment Type: reg
Provision Reference: reg 12
Character Range: 26505–27481

12  Statement of audited accounts
 (1) If Division 5 (Disclosure Standard) of Part 5 of the Fees and Payments Principles 2014 (No. 2) does not apply to the approved provider of a residential care service, the provider must, if asked, give a care recipient a copy of:
 (a) the most recent statement of the audited accounts of the approved provider's residential care service; or
 (b) if the residential care service is operated as part of a broader organisation—the most recent statement of the audited accounts of the organisation's aged care component (that includes the residential care service).
 (2) The approved provider is taken to have satisfied the requirement in subsection (1) if:
 (a) Division 2 of Part 4 (which deals with financial reports) of the Accountability Principles 2014 applies in relation to the approved provider; and
 (b) the approved provider gives the care recipient a copy of the most recent audited financial report prepared under that Division.