Residential Care Subsidy Amendment Principles 2007 (No. 1) (Cth)

Residential Care Subsidy Amendment Principles 2007 (No. 1)

Aged Care Act 1997

I, CHRISTOPHER PYNE, Minister for Ageing, make these Principles under subsection 96‑1 (1) of the Aged Care Act 1997.

Dated 19 July 2007

CHRISTOPHER PYNE

Minister for Ageing

1. Name of Principles

These Principles are the Residential Care Subsidy Amendment Principles 2007 (No. 1).

1. Commencement

These Principles commence on the day after they are registered.

1. Amendment of Residential Care Subsidy Principles 1997

Schedule 1 amends the Residential Care Subsidy Principles 1997.

Schedule 1        Amendments

(section 3)

[1]           Section 21.26C, heading

substitute

21.26C   Requirements for notices

[2]           Section 21.26C

omit

, and an application under subsection 21.26FA (1) or (2),

[3]           Paragraph 21.26F (3) (c)

omit

, other than an exempted accounting standard

[4]           Paragraph 21.26F (3) (e), except the note

substitute

(e)    treat residential aged care as a reportable segment within the meaning of the accounting standard relating to segment reporting that applies to the relevant financial year; and

(f)    for the accounting standard relating to segment reporting that applies to the relevant financial year, if the entity is a not‑for‑profit entity — be written as if the entity was not a not‑for‑profit entity.

[5]           Subsection 21.26F (3A)

omit

[6]           Subsection 21.26F (7), definition of exempted accounting standard

omit

[7]           Section 21.26FA

omit

[8]           Section 21.26H

substitute

21.26H   Review of decision

A decision under subsection 21.26B (2) to refuse to make a determination is a reviewable decision under section 85‑1 of the Act.