RETIREMENT VILLAGES ACT 1999 - SECT 18
General inquiry document and disclosure statement concerning retirement village
RETIREMENT VILLAGES ACT 1999 - SECT 18
General inquiry document and disclosure statement concerning retirement village
(1) The operator of a retirement village must provide a person with a
general inquiry document within 14 days after becoming aware that the person
is a prospective resident or is acting on behalf of a prospective resident.
(2) A general inquiry document is to give a basic explanation of the
residential premises, services and facilities that are available within a
retirement village, and must-- (a) be in the form prescribed by the
regulations, and
(b) contain the information prescribed by the regulations.
(3) The operator of a retirement village must provide a disclosure statement
to a prospective resident, or person acting on behalf of a
prospective resident, who-- (a) requests a copy, or
(b) expresses an interest
in particular premises within the retirement village,
within 14 days after the
request is received or the expression of interest is made. : Maximum
penalty--20 penalty units.
(3A) A disclosure statement is to give specific
details of particular residential premises in a retirement village (including
details of the fees and charges that will be payable by the resident of the
premises) and must-- (a) be in the form prescribed by the regulations, and
(b) contain the information prescribed by the regulations, and
(c) be signed
and dated by the operator of the retirement village.
(3B) The regulations may
prescribe different forms for, or information to be contained in,
general inquiry documents or disclosure statements in respect of different
classes of general inquiry documents or disclosure statements or different
circumstances in which they are provided.
(4) The operator of the
retirement village must annex a copy of the disclosure statement (or the
disclosure statement as amended in writing and endorsed with the consent of
the other party to the village contract) to the first village contract that
the other party enters into with the operator. : Maximum penalty--10 penalty
units.
(5) The operator of a retirement village must not enter into a
village contract with a person earlier than 14 days after the person (or
another person acting on behalf of that person) has been provided with a
disclosure statement by the operator. : Maximum penalty--100 penalty units.
(6) If the operator of a retirement village fails to provide a
general inquiry document or disclosure statement in accordance with this
section, the prospective resident, or person acting on behalf of the
prospective resident, to whom the document or statement should have been
provided may apply to the Tribunal for (and the Tribunal may make) an order
requiring the operator to provide the general inquiry document or
disclosure statement.
