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Governance Standard

All approved providers holding accommodation bonds, refundable accommodation deposits or pre-1997 entry contributions are required to comply with four prudential standards, one of which is the Governance Standard. The Governance Standard is designed to ensure accommodation bonds and refundable accommodation deposits are only used for permitted uses and are refunded in accordance with the timeframes required by the Age Care Act 1997 (Cth).
AU$99.00
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