(1) Which aged care facility in the electoral division of Canberra has the highest hostel/accommodation bond requirement.

(2) What is the average hostel/accommodation bond requirement in the electoral division of Canberra.

(3) What interest rate is applicable on outstanding hostel/accommodation bonds in the electoral division of Canberra.

(4) How is the hostel/accommodation bond interest rate calculated.

(5) At what stage can interest on hostel/accommodation bonds be charged.

(6) What information are hostels required to provide to his Department in relation to their accommodation bonds.

(1) The amount of any accommodation bond is an agreement between the resident and the provider.

(2) See (1).

(3) The rate of interest, if any, is agreed between the resident and the provider and must be no more than the legislated maximum permissible rate.

(4) The maximum permissible interest rate is the annualised general interest charge, which is defined in the Taxation Administration Act 1953, minus four percentage points.

(5) Interest, if it is specified in the accommodation bond agreement, may be levied from the date the resident enters the home. If the home was uncertified when the resident entered, the bond would not be payable and interest may not commence until the date of certification.

(6) Sub-principle 1.15(4) of the Accountability Principles 1998 specifically precludes the Minister and the Department from obtaining information on an individual resident.

The prudential compliance statements that providers submit annually to the Department must also include confirmation that accommodation bond balances have been refunded in accordance with the legislation and that the approved provider can repay accommodation bond balances that can be expected to fall due in the following financial year.