RETIREMENT VILLAGES ACT 1999 - SECT 107 Allowable increase in total general services charge

RETIREMENT VILLAGES ACT 1999 - SECT 107

107 Allowable increase in total general services charge

For section 106 (3) (b) , an increase in the total general services charge for a financial year is allowed to the extent it is attributable to—

(a) an increase in rates, taxes or charges levied under an Act in relation to the retirement village land or its use; or

(b) an increase in the salary or wages of a person engaged in the retirement village’s operation and payable under an award, certified agreement or other industrial instrument made, approved, certified or continued in force under the Industrial Relations Act 2016 or a Commonwealth Act; or

(c) an increase in insurance premiums, or insurance excesses paid, in relation to the retirement village or its use; or

(d) an expense incurred by a manager, or an amount charged by a manager, that must be paid from the general services charges fund under section 38A (1) (a) .