Aged care means assessment – protected person 065-18120742
Policy
Guide to Social Security Law, 4.6.3.30, Defining the Principal Home
Guide to Social Security Law, 4.6.3.50, Assessing Dual Occupancy Homes
Links to the Federal Register of Legislation site go to a 'Series' page. Select the 'Latest' version.
Legislation
For an overview of legislation related to means assessments:
For information related to a protected person for post 1 July 2014 assessment schemes:
- see Aged Care Act 1997, Chapter 3 - Subsidies, Part 3.1 - Residential care subsidy, Division 44 - What is the amount of residential care subsidy?, Subdivision 44D - Reductions in subsidy
- 44‑26A (6) The value of a person's assets
- 44-26B Definitions relating to the value of a person's assets
For information related to a protected person for pre 1 July 2014 assessment schemes:
- see the Aged Care (Transitional Provisions) Act 1997, Chapter 3 - Subsidies, Part 3.1 - Residential care subsidy, Division 44 - What is the amount of residential care subsidy?, Subdivision 44C - Primary supplements
For information related to homeownership:
- post 1 July 2014 assessment schemes see the Subsidy Principles 2014, Chapter 2 - Residential care subsidy, Subdivision D - Care subsidy reduction - value of assets, 48 Meaning of homeowner
- pre 1 July 2014 assessment schemes see the Aged Care (Transitional Provisions) Principles 2014, Chapter 1 Preliminary, Section 5 Meaning of homeowner