Summary
Amends the Aged Care Act 1997 and Aged Care (Bond Security) Act 2006 to reflect business model changes to aged care services so that: approved provider status is linked to the allocation of funded aged care places; providers maintain appropriate expertise; 'key personnel' includes anyone with authority for controlling activities of a provider; assessments by Aged Care Assessment Teams are minimised; and accommodation bonds and similar payments are protected under the Accommodation Bond Guarantee Scheme.