TheAged Care Act 1997requires that a person and aged care provider must reach written agreement of the amount of bond payable, and payment method, within 7 days of the person taking up residence in the aged care facility.
Source URL (modified on 13/10/2014 - 10:46am): https://clik.dva.gov.au/compensation-and-support-reference-library/departmental-instructions/1998/c121998-aged-care-reforms/pension-assessment-accommodation-bonds/amount-bond-agreed-writing-within-7-days