2010-2011-2012-2013 

 

The Parliament of the 

Commonwealth of Australia 

 

HOUSE OF REPRESENTATIVES 

 

 

 

 

Presented and read a first time 

 

 

 

 

 

 

Aged Care (Bond Security) Levy 

Amendment Bill 2013 

 

No.      , 2013 

 

(Health and Ageing) 

 

 

 

A Bill for an Act to amend the Aged Care (Bond 

Security) Levy Act 2006, and for related purposes 

   

   

 

 

i       Aged Care (Bond Security) Levy Amendment Bill 2013       No.      , 2013 

Contents 

1 

Short title ........................................................................................... 1

 

2 

Commencement ................................................................................. 1

 

3 

Schedule(s) ........................................................................................ 1

 

Schedule 1--Amendments

 

3

 

Aged Care (Bond Security) Levy Act 2006

 

3

 

 

 

 

Aged Care (Bond Security) Levy Amendment Bill 2013       No.      , 2013       1 

A Bill for an Act to amend the Aged Care (Bond 

1 

Security) Levy Act 2006, and for related purposes 

2 

The Parliament of Australia enacts: 

3 

1  Short title 

4 

 

  This Act may be cited as the Aged Care (Bond Security) Levy 

5 

Amendment Act 2013. 

6 

2  Commencement 

7 

 

  This Act commences on 1 July 2014. 

8 

3  Schedule(s) 

9 

 

  Each Act that is specified in a Schedule to this Act is amended or 

10 

repealed as set out in the applicable items in the Schedule 

11 

   

   

 

 

2            Aged Care (Bond Security) Levy Amendment Bill 2013       No.      , 2013 

concerned, and any other item in a Schedule to this Act has effect 

1 

according to its terms. 

2 

Amendments  Schedule 1 

   

 

 

Aged Care (Bond Security) Levy Amendment Bill 2013       No.      , 2013            3 

Schedule 1

--

Amendments 

1 

   

2 

Aged Care (Bond Security) Levy Act 2006 

3 

1  Title 

4 

Omit "bond", substitute "accommodation payment". 

5 

2  Section 1 

6 

Omit "Bond", substitute "Accommodation Payment". 

7 

Note: 

This item amends the short title of the Act. If another amendment of the Act is 

8 

described by reference to the Act's previous short title, that other amendment has effect 

9 

after the commencement of this item as an amendment of the Act under its amended 

10 

short title (see section 10 of the Acts Interpretation Act 1901). 

11 

3  Section 5 

12 

Insert: 

13 

accommodation payment balance has the same meaning as in the 

14 

Aged Care (Accommodation Payment Security) Act 2006. 

15 

4  Section 5 (definition of bond balance) 

16 

Repeal the definition. 

17 

5  Section 5 (paragraph (a) of the definition of costs 

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recoupment determination) 

19 

Omit "Bond", substitute "Accommodation Payment". 

20 

6  Section 5 (definition of default event declaration) 

21 

Omit "Bond", substitute "Accommodation Payment". 

22 

7  Section 5 

23 

Insert: 

24 

outstanding accommodation payment balance has the same 

25 

meaning as in the Aged Care (Accommodation Payment Security) 

26 

Act 2006. 

27 

8  Section 5 (definition of outstanding bond balance) 

28 

Repeal the definition. 

29 

Schedule 1  Amendments 

   

 

 

4            Aged Care (Bond Security) Levy Amendment Bill 2013       No.      , 2013 

9  Subsection 6(2) 

1 

Omit "bond" (wherever occurring), substitute "accommodation 

2 

payment". 

3 

10  Application of amendments 

4 

The amendments made by this Schedule apply in relation to a default 

5 

event declaration specified in a costs recoupment determination whether 

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the default event declaration was made before, on or after the 

7 

commencement of this Schedule. 

8