Background

Certain pensioners who entered hostels prior to 1 October 1997 will continue to have any amount they paid for entry to that facility assessed under the pre-accommodation bond rules until they either move to a new facility, or DVA identifies that it is to their advantage to be assessed under the accommodation bond rules.

A person may be better off under the accommodation bond rules in a situation where the person's former home is exempted for two years under the nursing home rules and the person has paid an entry contribution that is assessed as a loan and deemed.    More