Contents

 

Part 1—Preliminary                                                                                                               1

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

2............ Commencement.................................................................................. 2

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

4............ Application of this Act...................................................................... 3

5............ Binding the Crown.............................................................................. 3

6............ Definitions.......................................................................................... 3

Part 2—Insolvency event declaration                                                                         7

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

8............ Notice of insolvency event declaration............................................... 7

Part 3—Requirement to notify Secretary of certain insolvency events  8

9............ Notice of certain insolvency events.................................................... 8

Part 4—Default event declaration                                                                                 9

10.......... Making of default event declaration................................................... 9

11.......... Notice of default event declaration..................................................... 9

Part 5—Refund declaration                                                                                             10

12.......... Secretary to determine certain matters............................................. 10

13.......... Making of refund declaration............................................................ 10

14.......... Notice of refund declaration............................................................. 11

Part 6—Transfer of rights and payments of refund amounts                       12

15.......... Transfer of recovery rights to Commonwealth................................ 12

16.......... Payments by Commonwealth.......................................................... 12

17.......... Appropriation.................................................................................. 12

Part 7—Costs recoupment determinations                                                             13

18.......... Making of refund costs recoupment determination.......................... 13

19.......... Making of administrative costs recoupment determination............. 14

Part 8—Miscellaneous                                                                                                       15

20.......... Delegations by Minister................................................................... 15

21.......... Delegations by Secretary.................................................................. 15

22.......... Regulations....................................................................................... 15

 

 

 

Aged Care (Bond Security) Act 2006

No. 26, 2006

 

An Act to guarantee the refund of certain bond balances, and for related purposes

Assented to 6 April 2006

The Parliament of Australia enacts:

  

---

AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback