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
124 At the end of section 226B
Add:
(4) The provider must return the available balance of the unspent Commonwealth portion for the individual to the Commonwealth:
(a) within the period prescribed by the rules after the day the notice of the election is given to the System Governor; and
(b) in accordance with any other requirements prescribed by the rules.
Note: If the available balance is not returned to the Commonwealth in accordance with this section, it may be a recoverable amount: see subsection 514(3).
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