Commonwealth Consolidated Acts

AGED CARE (ACCOMMODATION PAYMENT SECURITY) ACT 2006 - SECT 9

  (1)   If:

  (a)   a person is an approved provider; and

  (b)   any of the events mentioned in paragraph   ( a), (b), (c), (d), (e) or (f) of the definition of insolvency event occur in relation to the person;

the person must notify the Secretary the first time that the event occurs.

  (2)   If:

  (a)   a person has been, but is no longer, an approved provider; and

  (b)   any of the events mentioned in paragraph   ( a), (b), (c), (d), (e) or (f) of the definition of insolvency event occur in relation to the person; and

  (c)   there was at least one outstanding accommodation payment balance of the person at the time the event occurs;

the person must notify the Secretary the first time that the event occurs.

  (3)   The notification under subsection   ( 1) or (2) must be given in writing by the end of the first business day after the day on which the event occurs.

  (4)   A person commits an offence if the person refuses or fails to comply with a requirement under this section.

Penalty:   30 penalty units.