Victorian Consolidated Legislation
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RETIREMENT VILLAGES ACT 1986
No. 126 of 1986
Version incorporating amendments as at 11 June 2009
TABLE OF PROVISIONS
Section Page
PART 1-PRELIMINARY
1. Purpose
2. Commencement
3. Definitions
4. Act to apply to existing and new retirement villages
5. Act not to apply to certain retirement villages
6. Exemptions
7. Contracting out
PART 2-RETIREMENT VILLAGE NOTICES
8. Residence right not to be created unless retirement village
notice is lodged
9. Owner to lodge retirement village notice
10. Repealed
11. Retirement village notice to be noted on title
PART 3-RESIDENCE RIGHTS
12. Part not to apply to strata and cluster subdivisions
13. Residence right
14. Enforcement of residence right
15. Residential Tenancies Act 1997 not to apply
16. Termination of residence contract
PART 4-DEALINGS
17. Certain persons not to be involved in management of
retirement villages
18. Application of Fair Trading Act 1999.
19. Resident to be given certain documents
20. Resident to be given certain information
21. Inspection of documents
21A. Offence not to use a contract that complies with the
regulations
21B. Further matters relating to contracts
22. Rescission
23. Court may excuse inadvertent contraventions
24. Cooling-off period
25. In-going contributions to be held in trust
26. Refund of in-going contribution
PART 5-CHARGES
27. This Part not to apply to residents with freehold title
28. Application of Part
29. Creation of charges
30. Refunds
31. Enforcement of charge
32. Extinguishment of charge
PART 5A-SALE OF PREMISES BY CERTAIN RESIDENTS
32A. Options
32B. Sale of premises
32C. Manager not to interfere in sale
32D. Costs of sale
32E. Purchaser and manager to enter into contract
32F. Application by owner resident to Tribunal
32G. Tribunal's determinations on application of manager or
owner resident
PART 6-RESIDENT PARTICIPATION
33. Annual meeting
34. Proceedings at annual meetings
35. Repealed
36. Residents committee
36A. Resident's right to act through representative
37. By-laws
PART 6A-OPERATION AND MANAGEMENT OF RETIREMENT VILLAGES
Division 1-Maintenance and other charges
38. Increases in maintenance charges
38A. Charges for personal services
38B. Maintenance charges-former non-owner residents
Division 2-Powers of attorney and proxies
38C. Manager not to demand power of attorney
38D. Manager not to demand appointment as proxy
Division 3-Dispute mediation
38E. Procedure for dealing with management complaints
38F. Procedure for dealing with resident disputes
38G. Residents to be informed of complaints and disputes
mechanisms
38H. Recording and reporting requirements
PART 6B-MATTERS RELATING TO CESSATION OF OCCUPATION OF PREMISES
38I. Payments to owner residents
PART 6C-REGISTER OF RETIREMENT VILLAGES
38J. Obligation to keep register
38K. Inspection of the register
38L. Requirement to notify Director
PART 7-GENERAL
39. Cancellation of retirement village notices
40. Application of Fair Trading Act 1999.
41. Who may bring proceedings for offences?
41A. Offence to supply false or misleading information
42. Consequences of rescission
42A. Certain contractual provisions relating to arbitration void
43. Regulations
44. Transitional
PART 8-TRANSITIONAL
45. Definitions
46. Transitional provision-residential care facilities-2005 Amendment Act
47. Transitional provision-Extinguishment of charge relating
to residential care facilities-2005 Amendment Act
48. Transitional provision-Cancellation of notices relating to residential care facilities-2005 Amendment Act
49. Transitional provision-contracts-2005 Amendment Act
50. Transitional provision-appointment of agents-2005 Amendment Act
51. Transitional provision-powers of attorney-2005
Amendment Act
52. Transitional provision-payments to owner residents-2005 Amendment Act
53. Transitional provision-registration of retirement villages-2005 Amendment Act
54. Transitional provision-contractual provisions relating to arbitration-2005 Amendment Act
__________________
1-3-Repealed
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ENDNOTES
1. General Information
2. Table of Amendments
3. Explanatory Details
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