52M‑1 Compliance with prudential require52M‑1 Compliance with prudential requirements

#### 52M‑1 Compliance with prudential requirements (1) An \*approved provider must comply with the Prudential Standards. (2) The Fees and Payments Principles may set out Prudential Standards providing for: (a) protection of \*refundable deposit balances, \*accommodation bond balances and \*entry contribution balances of care recipients; and (b) sound financial management of approved providers; and (c) provision of information about the financial management of approved providers.