Aged Care and Other Legislation Amendment Act 2025 (45 of 2025)

Schedule 1   Amendment of the Aged Care Act 2024

Part 1   Amendments commencing immediately after the commencement of the Aged Care Act 2024

Aged Care Act 2024

206   After subsection 308(3)

Insert:

(3A) Subject to subsection (4), a registered provider must deduct a retention amount from an individual's refundable deposit balance at least once in each 3-month period starting on the day the individual paid the refundable deposit.