Clean Energy (Household Assistance Amendments) Act 2011 (141 of 2011)
Schedule 9 Aged care amendments
Aged Care Act 1997
3 Subsection 58-3C(3)
Repeal the subsection, substitute:
Standard resident contribution
(3) The standard resident contribution for a care recipient to whom this section applies is the amount obtained by rounding down to the nearest cent an amount equal to 96.5% of the *basic age pension amount (worked out on a per day basis).
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