Document ID: chunk:federal_register_of_legislation:C2025C00143:section:2:p8
Version: federal_register_of_legislation:C2025C00143
Segment Type: section
Provision Reference: s 2 (pt 8/9)
Character Range: 153576–156472

that:
 (i) will accrue for each day (including a day on which the care recipient is on *leave from the residential care service) if the care recipient enters the service; or
 (ii) if the care recipient has already entered the residential care service—has accrued and will accrue for each day (including a day on which the care recipient is on *leave from the service);
 (b) the care recipient's proposed date of entry, or date of entry, to the residential care service;
 (c) how the accommodation charge is to be paid;
 (d) the time or times when the accommodation charge is payable;
 (e) whether agreeing to pay the accommodation charge entitles the care recipient to specific accommodation or additional services within the residential care service;
 (f) any financial hardship provisions that apply to the care recipient;
 (g) such other matters as are specified in the Aged Care (Transitional Provisions) Principles.
 (2) The Aged Care (Transitional Provisions) Principles may specify, but are not limited to, matters relating to the following:
 (a) the specific entitlements of care recipients arising from entering into an *accommodation charge agreement;
 (b) the provision of information to third parties about accommodation charges and related matters;
 (c) a care recipient's obligations;
 (d) alleviating financial hardship.

57A‑4  Accommodation charge agreements may be incorporated into other agreements
  For the purposes of this Division, a person is taken to have entered into an *accommodation charge agreement if the person has entered into an agreement that contains the provisions required by section 57A‑3.
Example: These provisions may be included in a *resident agreement.

57A‑5  Agreements cannot affect requirements of this Division
  The requirements of this Division apply despite any provision of an *accommodation charge agreement, or any other agreement, to the contrary.

Subdivision 57A‑C—Daily accrual amounts of accommodation charges

57A‑6  Maximum daily accrual amount of accommodation charge
 (1) Subject to subsection (2) and sections 57A‑8A and 57A‑9, the maximum daily amount at which an *accommodation charge accrues for the *entry of a person as a care recipient to a residential care service is whichever is the lowest of the following:
 (a) the amount of the daily accrual of the accommodation charge as specified in the *accommodation charge agreement;
 (b) the amount (rounded down to the nearest cent) obtained by:
 (i) taking the amount that, when subtracted from an amount equal to the value of the care recipient's assets at the time of the care recipient's entry to the residential care service, leaves an amount at least equal to the care recipient's minimum permissible asset value as defined in subsection 57‑12(3); and
 (ii) dividing the result by 2,080;
 (c) such amount as is specified in, or worked out in accordance with, the Aged Care