The Australian Parliament passed the Aged Care Bill earlier this week, which gives the aged care industry some much-needed certainty that the new Aged Care Act will take effect on 1 July 2025. However, some key issues remain unresolved.
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Directors may face prison under the new Aged Care Bill
If the exposure draft bill of the new Aged Care Act becomes law, directors and other “responsible person(s)” could face serious criminal penalties, including up to 5 years in prison and large fines. Find out when you as a responsible person might face prison and the steps you can take now and in the future to protect against that risk.