New South Wales Consolidated Regulations

RETIREMENT VILLAGES REGULATION 2009

- Made under the Retirement Villages Act 1999
- As at 9 July 2010
- Reg 596 of 2009

TABLE OF PROVISIONS

   PART 1 - PRELIMINARY

   1.      Name of Regulation
   2.      Commencement
   3.      Definitions
   4.      Item of capital
   5.      Capital maintenance
   6.      Operator
   7.      Optional services
   8.      Resident
   9.      Retirement village

   PART 2 - INFORMATION ABOUT RETIREMENT VILLAGES

   10.     Representations in promotional material
   11.     Disclosure statement
   12.     Copies of certain documents to be available

   PART 3 - VILLAGE CONTRACTS AND VILLAGE RULES

   13.     Amount payable for legal and other expenses
   14.     Condition report
   15.     Contents of village contracts
   16.     Village rules

   PART 4 - FINANCIAL MANAGEMENT

           Division 1 - Annual budget

   17.     Matters that must be dealt with in proposed annual budget
   18.     Form of proposed annual budget
   19.     Notice accompanying proposed annual budget
   20.     Limit on contingencies in annual budget
   21.     Transitional provision-first annual budget following commencement of Retirement Villages Amendment Act 2008

           Division 2 - Recurrent charges

   22.     Notice of variation-fixed formula
   23.     Notice of variation-no fixed formula and not exceeding CPI
   24.     Notice of variation-no fixed formula and greater than CPI
   25.     Provision of information regarding recurrent charge
   26.     Matters not to be financed by way of recurrent charges
   27.     Transitional provision-variation in recurrent charges following commencement of Retirement Villages Amendment Act 2008

           Division 3 - Other

   28.     Interest
   29.     Matters that cannot be funded from capital works fund or recurrent charges
   30.     Capital works fund
   31.     Minimum public liability insurance
   32.     Copies of audited accounts
   33.     Making good of deficit
   34.     Transitional provision-capital replacement where no ingoing contribution payable

   PART 5 - MEETINGS

   35.     Agenda at annual meeting
   36.     Questions at annual meeting
   37.     Proxies

   PART 6 - APPLICATIONS TO TRIBUNAL AND ORDERS

   38.     Time for making application to Tribunal
   39.     Applications to Tribunal by Residents Committee
   40.     Tribunal may determine other party to application made by operator
   41.     Additional orders of Tribunal
   42.     Differential orders

   PART 7 - UNCOLLECTED GOODS

   43.     Alterations, additions and fixtures
   44.     Disposal of perishable and certain other uncollected goods
   45.     Storage of other uncollected goods
   46.     Claiming of uncollected goods
   47.     Disposal of uncollected goods after storage
   48.     Records and accounting

   PART 8 - MISCELLANEOUS

   49.     Renovations and alteration of fixtures and fittings
   50.     Liability of former occupant if village contract terminated during settling-in period
   51.     Display of safety inspection report
   52.     Access to residential premises in village
   53.     Membership of Residents Committee
   54.     Disputes between operator and resident
   55.     Termination notice
   56.     Protection of ingoing contributions
   57.     Penalty notice offences
   58.     Service of documents generally
   59.     Conduct of written ballot
   60.     Savings
   61.     Repeals
           SCHEDULE 1
           SCHEDULE 2
           SCHEDULE 3
           SCHEDULE 4
           SCHEDULE 5
           SCHEDULE 6
           SCHEDULE 7