Aged care means assessment – protected person 065-18120742
Policy
Social Security Guide 4.6.3.30 Defining the principal home
Social Security Guide 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