RETIREMENT VILLAGES ACT 1999 - SECT 90B Residents jointly responsible for capital improvements requested at residents meeting

RETIREMENT VILLAGES ACT 1999 - SECT 90B

90B Residents jointly responsible for capital improvements requested at residents meeting

(1) This section applies if—

(a) residents of a retirement village, by special resolution at a residents meeting, vote to give the scheme operator a written request for a capital improvement to the retirement village; and

(b) the scheme operator makes or agrees to make the capital improvement.

(2) All the residents of the retirement village when the vote was taken are jointly responsible for the cost of the capital improvement.