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

203   Subsection 308(1)

Omit "from a refundable deposit balance", substitute "from an individual's refundable deposit balance during the period (the retention period ) of 5 years beginning on the day a refundable deposit was first paid by the individual".