Victorian Consolidated Legislation
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Retirement Villages Act 1986 - SECT 43
Regulations
43. Regulations
(1) The Governor in Council may make regulations for or with respect to the
following:
(a) The method for determining and indexing (by reference to a document or
otherwise) the adjusted maintenance charge;
(ab) contracts entered into between owners and residents of retirement
villages or managers and residents of retirement villages, including-
(i) matters that are or are not to be included in such contracts; and
(ii) forms of such contracts, including methods of setting out the
substance of the contracts, other matters relating to the setting out
and style of the contracts and the use of words or other symbols in
the contracts;
(ac) payment of amounts to residents who have left retirement villages or
died, including conditions that may or may not be included in
contracts as to such payments and offences relating to such payments;
(b) Prescribing fees;
(c) Prescribing forms;
(d) Generally prescribing any other matter or thing required or penalties
for this Act to be prescribed or necessary to be prescribed to give
effect to this Act.
(2) The Regulations-
(a) may be of general or limited application; and
(b) may differ according to differences in time, place or circumstances;
and
(c) may-
(i) provide for the collection of prescribed fees; and
(ii) prescribe different fees in respect of different classes of persons
organizations or cases; and
(d) may confer discretions or powers or impose duties in connexion with
the regulations on an owner, manager, resident or other person; and
(e) may impose penalties not exceeding 20 penalty units for contravention
of the regulations.
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