Document ID: chunk:federal_register_of_legislation:F2024C00838:reg:42
Version: federal_register_of_legislation:F2024C00838
Segment Type: reg
Provision Reference: reg 42
Character Range: 62771–63643

42  Application of this Part
  This Part applies to an approved provider of a residential care service or a flexible care service:
 (a) if, on or after 1 July 2014, a refundable deposit is paid, wholly or partly as a lump sum, for entry to the service for the provision of residential care or flexible care; or
 (b) if, on or after 1 July 2006, an accommodation bond is, or was, paid, wholly or partly as a lump sum, for entry to the service for the provision of residential care or flexible care; or
 (c) if:
 (i) before 1 July 2006, an accommodation bond or an entry contribution was paid, wholly or partly as a lump sum, for entry to the service for the provision of residential care or flexible care on or after that date; and
 (ii) as at 1 July 2006, the accommodation bond balance or entry contribution balance had not been refunded.

Division 2—Liquidity Standard