Document ID: chunk:federal_register_of_legislation:F2024C00838:reg:51
Version: federal_register_of_legislation:F2024C00838
Segment Type: reg
Provision Reference: reg 51
Character Range: 78325–79844

51  Annual prudential compliance statement
 (1) An approved provider must give the Secretary a statement (the annual prudential compliance statement) for a financial year for the approved provider that includes the following:
 (a) information about refundable deposits and refundable deposit balances referred to in section 52;
 (b) information about accommodation bonds and accommodation bond balances referred to in section 53;
 (c) information about entry contributions and entry contribution balances referred to in section 54;
 (ca) information about other fees referred to in section 54A;
 (d) the statements and other information referred to in section 55;
 (e) any other statements and information determined, by legislative instrument, by the Secretary.
 (2) An annual prudential compliance statement for a financial year for an approved provider must:
 (a) be in writing; and
 (b) be in a form approved by the Secretary; and
 (c) not contain false or misleading information; and
 (d) if the approved provider is required to prepare an aged care financial report for the financial year—be included in the aged care financial report for the approved provider for the financial year; and
 (e) if paragraph (d) does not apply to the approved provider:
 (i) be signed by a person who is one of the approved provider's key personnel and is authorised by the approved provider to sign the statement; and
 (ii) be given to the Secretary within 4 months after the end of the financial year for the approved provider.