RETIREMENT VILLAGES ACT 2016 - SECT 42

RETIREMENT VILLAGES ACT 2016 - SECT 42

42—Documents to be supplied to residents

        (1)         The operator of a retirement village must, at the request of a resident, provide the resident, free of charge, with—

            (a)         a copy of the residence contract under which the resident was admitted to the retirement village; and

            (b)         a copy of the residence rules that are applicable to the retirement village; and

            (c)         a statement of the amount to which the resident would be entitled, by way of exit entitlement and exit fee, if the resident were to cease to reside at the retirement village.

Maximum penalty: $2 500.

        (2)         If an alteration is made to residence rules, the operator must issue an amended set of the rules to every resident.

Maximum penalty: $2 500.