South Australian Consolidated Acts South Australian Consolidated Acts36—Voluntary termination of retirement village scheme
(1) The Minister may,
by notice in the Gazette, terminate a retirement village scheme.
(2) The Minister may
not terminate a retirement village scheme unless satisfied (in such manner as
the Minister thinks fit) that all residents of the retirement village wish to
terminate the scheme.
(3) The Minister may
make such orders as the Minister thinks necessary or appropriate on account of
the termination of a retirement village scheme under this section.
(4) The termination of
a retirement village scheme will take effect from the date specified for the
purpose in the notice.
(5) The
Registrar-General must, at the request of the Minister, take any action for or
in connection with the issue, alteration, correction or cancellation of
certificates of title necessary to give effect to the provisions of this
section.
(6) If the Minister
requests the Registrar-General to give effect to a particular determination or
action, the Minister will, if so required by the Registrar-General, furnish
the Registrar-General with a certificate certifying the determination or
action.