Document ID: chunk:federal_register_of_legislation:C2025C00122:section:2:p44
Version: federal_register_of_legislation:C2025C00122
Segment Type: section
Provision Reference: s 2 (pt 44/53)
Character Range: 448493–451297

year; or
 (b) another 12 month period that starts on the first day of a month of a year that is determined for the provider by the Secretary in accordance with the Accountability Principles.
 (4) Without limiting paragraph (3)(b), the day determined for the provider by the Secretary under that paragraph may be a day before the commencement of this section.

63‑1H  Responsibility relating to constitution of approved providers that are wholly‑owned subsidiary corporations

Corporations under the Corporations Act 2001
 (1) If:
 (a) an approved provider is a body corporate incorporated, or taken to be incorporated, under the Corporations Act 2001; and
 (b) the provider has a constitution (within the meaning of that Act); and
 (c) the provider is a wholly‑owned subsidiary (within the meaning of that Act) of another body corporate (the holding company); and
 (d) the holding company is not an approved provider;
it is a responsibility of the approved provider to ensure that the constitution of the provider does not authorise a director of the provider to act in good faith in the best interests of the holding company.

Aboriginal and Torres Strait Islander corporations
 (2) If:
 (a) an approved provider is an Aboriginal and Torres Strait Islander corporation (within the meaning of the Corporations (Aboriginal and Torres Strait Islander) Act 2006); and
 (b) the provider is a wholly‑owned subsidiary (within the meaning of that Act) of another body corporate (the holding company); and
 (c) the holding company is not an approved provider;
it is a responsibility of the approved provider to ensure that the constitution of the provider does not authorise a director of the provider to act in good faith in the best interests of the holding company.

63‑2  Annual report on the operation of the Act
 (1) The Minister must, as soon as practicable after 30 June but before 30 November in each year, cause to be laid before each House of the Parliament a report on the operation of this Act during the year ending on 30 June of that year.
 (2) A report under subsection (1) must include information about the following matters:
 (a) the extent of unmet demand for places; and
 (b) the adequacy of the Commonwealth subsidies provided to meet the care needs of residents; and
 (c) the extent to which providers are complying with their responsibilities under this Act and the Aged Care (Transitional Provisions) Act 1997; and
 (ca) the amounts of *accommodation payments and *accommodation contributions paid; and
 (cb) the amounts of those accommodation payments and accommodation contributions paid as *refundable deposits and *daily payments; and
 (d) the amounts of *accommodation bonds and *accommodation charges charged; and
 (e) the duration of waiting periods for entry to residential care;