Overview of Part
12 Overview of Part
The following is a basic summary of this Part.
For people who either:
became liable to pay an accommodation bond at any time from the beginning of 1 October 1997 until the end of 5 November 1997 but then agreed to switch to an accommodation charge; or
sold their principal home on or before 5 November 1997 in order to be able to pay certain accommodation bonds;
and for the partners of such people, certain amounts relating to refunds of such bonds, or to the proceeds of such sales, are excluded from the income and assets tests under this Act.
Accommodation bond and accommodation charge have the same meanings as in the Aged Care Act 2024: see subsection 5L(1) of this Act.
This Act’s bill:Second reading speech
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