Document ID: chunk:federal_register_of_legislation:F2024C00838:reg:57:p1
Version: federal_register_of_legislation:F2024C00838
Segment Type: reg
Provision Reference: reg 57 (pt 1/2)
Character Range: 93199–96032

57  Disclosure to care recipients

Notification by approved provider
 (1) Within 7 days after an accommodation agreement is entered into between an approved provider of an aged care service and a care recipient, the approved provider must notify the care recipient, in writing, that the approved provider will give the care recipient, within 7 days of a request by the care recipient, the following information and documents:
 (a) a summary of the permitted uses for which refundable deposits and accommodation bonds have been used by the approved provider during the previous financial year;
 (aa) if, during the 2 years prior to the request, the approved provider has given the Secretary an aged care financial report for the approved provider that included a permitted uses reconciliation—a copy of the permitted uses reconciliation included in the most recent such report;
 (b) information about whether the approved provider has, during the previous financial year, complied with sections 52M‑1 and 52N‑1 of the Act;
 (c) information about:
 (i) the number (if any) of refundable deposit balances or accommodation bond balances that, in the previous financial year, were not refunded in accordance with subsection 52P‑1(4) of the Act; and
 (ii) the number (if any) of entry contribution balances that, in the previous financial year, were not refunded in accordance with a formal agreement;
 (d) if the approved provider is investing refundable deposits or accommodation bonds in financial products covered by any of paragraphs 52N‑1(3)(b) to (e) of the Act—the approved provider's investment objectives and the asset classes the approved provider may invest in, as recorded in the approved provider's investment management strategy implemented under section 50 of these principles;
 (e) a copy of the audit opinion referred to in paragraph 55(f) for the previous financial year;
 (f) a copy of either:
 (i) the most recent statement of the audited accounts in relation to the aged care service; or
 (ii) if the aged 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;
 (g) a copy of the entry in the refundable deposit register that relates to the care recipient, as at the time of the request.

Disclosure on request
 (2) If a care recipient requests the approved provider of the aged care service through which the care recipient is being provided with aged care to give the care recipient the information and documents referred to in subsection (1), the approved provider must give the care recipient the information and documents requested within 7 days after receiving the request.
 (2A) Subsection (2) applies in relation to a care recipient who is being provided with aged care through an aged care service:
 (a) whether