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Charities & Not-For-Profits Law in Australia

Monthly Archives: August 2013

Accommodation Bonds in Development Funds

Posted in Compliance, Fundraising, General, Liability & Risk

Summary – Aged Care operators can place accommodation bonds in Development Funds. When the Federal Government amended the prudential requirements for the investment of accommodation bonds in residential aged care facilities subject to the Aged Care Act in 2011, there was some doubt as to whether Catholic aged care operators could legitimately place accommodation bonds for… Continue Reading