Family Assistance Legislation Amendment (Child Care Financial Viability) Act 2011 (120 of 2011)

Schedule 1  

A New Tax System (Family Assistance) (Administration) Act 1999

14   After section 196

Insert:

196A Conditions for continued approval - financial viability

It is a condition for the continued approval of an approved child care service that the operator of the service, if a large long day care centre operator, be likely to remain financially viable.