377Having regard to principles, and consultation, in making standards

377  Having regard to principles, and consultation, in making standards

 (1) In making standards under subsection 376(1), the Commissioner must have regard to the Statement of Principles and the following principles:

 (a) for a registered provider to deliver ongoing quality and safe care, the registered provider must remain financially viable and sustainable;

 (b) safeguarding of the refundable deposits, accommodation bonds and entry contributions of individuals that are held by registered providers is helped by registered providers:

 (i) remaining financially viable and sustainable; and

 (ii) having responsible management.

 (2) The Commissioner must consult the System Governor before making standards under subsection 376(1).