New South Wales Consolidated Regulations

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RETIREMENT VILLAGES REGULATION 2009 - REG 29

Matters that cannot be funded from capital works fund or recurrent charges

29 Matters that cannot be funded from capital works fund or recurrent charges

For the purposes of section 97 (3) (e) of the Act, anything prescribed under clause 5 (1) (b) as not being capital maintenance is not authorised to be funded from the capital works fund or recurrent charges of a retirement village.



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