Queensland Numbered Acts

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RETIREMENT VILLAGES AMENDMENT ACT 2006 No. 6 - SECT 9

9 Amendment of s 16 (What is an exit entitlement)

(1) Section 16, after 'liable to pay to'--

insert--

', or credit the account of,'.

(2) Section 16--

insert--

'(2) In this section, a reference to a former resident includes a reference to a person, other than a scheme operator, who enters into a residence contract for the purpose of giving someone else a right to reside in the retirement village.'.


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