Federal Register of Legislation - Australian Government

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A Bill for an Act to amend the Aged Care (Bond Security) Levy Act 2006, and for related purposes
Administered by: Health
For authoritative information on the progress of bills and on amendments proposed to them, please see the House of Representatives Votes and Proceedings, and the Journals of the Senate as available on the Parliament House website.
Registered 21 Mar 2013
Introduced HR 13 Mar 2013
Table of contents.

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

  

  


Contents

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

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

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

Schedule 1—Amendments                                                                                                3

Aged Care (Bond Security) Levy Act 2006                                                             3

 


A Bill for an Act to amend the Aged Care (Bond Security) Levy Act 2006, and for related purposes

The Parliament of Australia enacts:

1  Short title

                   This Act may be cited as the Aged Care (Bond Security) Levy Amendment Act 2013.

2  Commencement

                   This Act commences on 1 July 2014.

3  Schedule(s)

                   Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1Amendments

  

Aged Care (Bond Security) Levy Act 2006

1  Title

Omit “bond”, substitute “accommodation payment”.

2  Section 1

Omit “Bond”, substitute “Accommodation Payment”.

Note:       This item amends the short title of the Act. If another amendment of the Act is described by reference to the Act’s previous short title, that other amendment has effect after the commencement of this item as an amendment of the Act under its amended short title (see section 10 of the Acts Interpretation Act 1901).

3  Section 5

Insert:

accommodation payment balance has the same meaning as in the Aged Care (Accommodation Payment Security) Act 2006.

4  Section 5 (definition of bond balance)

Repeal the definition.

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

Omit “Bond”, substitute “Accommodation Payment”.

6  Section 5 (definition of default event declaration)

Omit “Bond”, substitute “Accommodation Payment”.

7  Section 5

Insert:

outstanding accommodation payment balance has the same meaning as in the Aged Care (Accommodation Payment Security) Act 2006.

8  Section 5 (definition of outstanding bond balance)

Repeal the definition.

9  Subsection 6(2)

Omit “bond” (wherever occurring), substitute “accommodation payment”.

10  Application of amendments

The amendments made by this Schedule apply in relation to a default event declaration specified in a costs recoupment determination whether the default event declaration was made before, on or after the commencement of this Schedule.