Aged Care (Accommodation Payment Security) Act 2006
11Notice of default event declaration
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11 Notice of default event declaration
(1) The Secretary must give a copy of a default event declaration to: (a) the registered provider or former registered provider in relation to which the declaration states an insolvency event has occurred; and (b) each person whom the Secretary considers may be entitled to receive a refund of an outstanding accommodation payment balance of the registered provider or former registered provider. (2) The Secretary must publish a copy of a default event declaration in a national newspaper. (3) A failure to comply with subsection (1) or (2) does not affect the validity of any default event declaration.