Aged care fees and charges - accommodation payments 065-05020020
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Social Security Guide, 1.1.A.15, Accommodation bond, accommodation bond balance
Social Security Guide, 4.6.2.10, General provisions for exempt assets
Social Security Guide, 4.6.3.70, Exempting the principal home - care situations
Social Security Guide, 4.6.6.30, Encumbrances & loans against assets
Social Security Guide, 4.6.5.90, Assessing home equity conversion loans
Legislation
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Assessment of accommodation bond and income support payment
Current Legislation
Historical Legislation
- For Accommodation bond is not a financial investment see section 9(1D), To avoid doubt, none of the following is a financial investment
- Section 1121, Effect of charge or encumbrance on value of assets
Social Security (Administration) Act 1999
Aged Care Act links
- Schedule 1, Dictionary
- 47 Working out care recipient’s means tested amount – value of assets
Aged Care (Transitional Provisions) Act 1997 for the following pre 1 July 2014 Act references:
- division 57, What are the responsibilities relating to accommodation bonds and entry contributions?
- section 57-2, Basic rules about accommodation bonds
- section 57-9, Contents of accommodation bond agreements
- section 44-10, How to work out the value of a person's assets
- division 86, Protection of information
- section 96-2, Delegation of Secretary's powers and functions