Document ID: chunk:federal_register_of_legislation:C2025C00143:section:10:p48
Version: federal_register_of_legislation:C2025C00143
Segment Type: section
Provision Reference: s 10 (pt 48/50)
Character Range: 129169–132071

meaning of section 57‑20) that will be deducted from the *accommodation bond balance;
 (f) when retention amounts and other amounts permitted by section 57‑19 to be deducted from the accommodation bond balance will be deducted;
 (g) unless the care recipient has already entered the residential care service or flexible care service—the conditions that will apply if the care recipient agrees to pay the accommodation bond but then does not enter the residential care service or flexible care service (including the conditions that will apply if the person chooses not to enter the service);
 (h) whether agreeing to pay the accommodation bond entitles the care recipient to specific accommodation or additional services within the residential care service or flexible care service;
 (i) if the accommodation bond is such an amount that, under subsection 44‑28(3), the care recipient would not be eligible for a *pensioner supplement—any additional resident fees that will be payable by the care recipient as a result of not being so eligible;
 (j) any financial hardship provisions that apply to the care recipient;
 (k) the circumstances in which the accommodation bond balance must be refunded and the way the amount of the refund will be worked out;
 (l) such other matters as are specified in the Aged Care (Transitional Provisions) Principles.
 (2) The User Rights 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 bond agreement;
 (d) a care recipient's obligations;
 (e) alleviating financial hardship.

57‑10  Accommodation bond agreements may be incorporated into other agreements
  For the purposes of this Division, a person is taken to have entered into an *accommodation bond agreement if the person has entered into an agreement that contains the provisions required by section 57‑9.
Example: These provisions may be included in a *resident agreement.

57‑11  Agreements cannot affect requirements of this Division
  The requirements of this Division apply despite any provision of an *accommodation bond agreement, or any other agreement, to the contrary.

Subdivision 57‑D—Amounts of accommodation bonds

57‑12  Maximum amount of accommodation bond
 (1) Subject to subsection (2) and sections 57‑13 and 57‑14, the maximum amount of an *accommodation bond for the *entry of a person as a care recipient to a residential care service or flexible care service is whichever is the lowest of the following:
 (a) the amount of the accommodation bond specified in the *accommodation bond agreement;
 (b) an 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 or flexible care service, leaves an amount at least equal to the care recipient's minimum