AGED CARE (BOND SECURITY) ACT 2006

This compilation was prepared on 1 January 2009
taking into account amendments up to Act No. 140 of 2008

The text of any of those amendments not in force
on that date is appended in the Notes section

The operation of amendments that have been incorporated may be affected by application provisions that are set out in the Notes section

Prepared by the Office of Legislative Drafting and Publishing,
Attorney-General's Department, Canberra

Contents

Part 1--Preliminary 1

1............ Short title [see Note 1] ........................................................................ 1

2............ Commencement ................................................................................... 1

3............ Simplified outline ................................................................................ 2

4............ Application of this Act ........................................................................ 2

5............ Binding the Crown .............................................................................. 2

6............ Definitions .......................................................................................... 2

6A......... Transitional application of this Act to certain insolvency events ......... 8

Part 2--Insolvency event declaration 9

7............ Making of insolvency event declaration .............................................. 9

8............ Notice of insolvency event declaration ................................................ 9

Part 3--Requirement to notify Secretary of certain insolvency events 10

9............ Notice of certain insolvency events ................................................... 10

Part 4--Default event declaration 11

10.......... Making of default event declaration .................................................. 11

11.......... Notice of default event declaration .................................................... 11

Part 5--Refund declaration 12

12.......... Secretary to determine certain matters ............................................... 12

13.......... Making of refund declaration ............................................................ 13

13A....... Additional refund declaration where refund by approved provider or former approved provider void or voidable 14

14.......... Notice of refund declaration .............................................................. 15

Part 6--Transfer of rights and payments of refund amounts 16

15.......... Transfer of recovery rights to Commonwealth .................................. 16

16.......... Payments by Commonwealth ............................................................ 16

17.......... Appropriation .................................................................................... 16

Part 7--Costs recoupment determinations 17

18.......... Making of refund costs recoupment determination ........................... 17

Part 8--Miscellaneous 19

20.......... Delegations by Minister .................................................................... 19

21.......... Delegations by Secretary ................................................................... 19

22.......... Regulations ....................................................................................... 19

Notes 21

Note 1

The Aged Care (Bond Security) Act 2006 as shown in this compilation comprises Act No. 26, 2006 amended as indicated in the Tables below.

For all relevant information pertaining to application, saving or transitional provisions see Table A.

Table of Acts

Act	Number and year	Date of Assent	Date of commencement	Application, saving or transitional provisions
Aged Care (Bond Security) Act 2006	26, 2006	6 Apr 2006	Ss. 3-22: 31 May 2006 Remainder: Royal Assent
Aged Care Amendment (2008 Measures No. 1) Act 2008	1, 2008	18 Feb 2008	Schedule 2: 20 Mar 2008	--
Aged Care Amendment (2008 Measures No. 2) Act 2008	140, 2008	9 Dec 2008	1 Jan 2009	Sch. 1 (items 202, 203)

Table of Amendments

ad. = added or inserted am. = amended rep. = repealed rs. = repealed and substituted
Provision affected	How affected
Part 1
S. 3......................................	am. No. 140, 2008
S. 4......................................	am. No. 1, 2008
S. 6......................................	am. No. 140, 2008
S. 6A....................................	ad. No. 140, 2008
Part 2
Ss. 7, 8................................	am. No. 140, 2008
Part 3
S. 9......................................	rs. No. 140, 2008
Part 4
Ss. 10, 11............................	am. No. 140, 2008
Part 5
Ss. 12, 13............................	am. No. 140, 2008
S. 13A..................................	ad. No. 140, 2008
S. 14....................................	am. No. 140, 2008
Part 5
S. 15....................................	am. No. 140, 2008
Note to s. 15.......................	am. No. 140, 2008

Commonwealth Consolidated Acts