(1) The residents of a retirement village may establish, by election conducted
among themselves, a residents committee.
(2) A member of the residents
committee—
(a) holds office for not more than 1 year, but may be re-elected;
and
(b) may be removed, at any time, by special resolution at a meeting of
the village residents.
(3) The residents committee may, subject to
section 128—
(a) decide its own procedures; and
(b) form subcommittees and
decide a subcommittee’s procedures.
(4) If invited by the residents
committee, the scheme operator may attend a residents committee meeting and
address the members at the meeting.
(5) If the scheme operator attends a
residents committee meeting, the scheme operator must leave the meeting after
the scheme operator has addressed the members, or been given a reasonable
opportunity to address the members, unless the residents committee invites the
scheme operator to remain.
