Changes to the Retirement Villages laws
- Operator management responsibilities to the village community including the owner/operator dichotomy, payment of exit entitlements, capital works, approval of budgets and refurbishment obligations.
- Clarifying the scope of the RV Act including application to short-term residents, residents’ relatives and partners, aged care facilities on retirement village land and the need for a public database of retirement villages.
- Multi-site villages, scheme termination, memorials and the statutory charge including the regulation of multi-site villages, the memorial requirements of the RV Act, statutory charge provisions and the process for terminating a retirement village scheme.
- New village developments (staged developments and redevelopments) leasing off the plan, and multiple residence contracts including waitlist and holding fees, staged developments and redevelopment and processes for land to be excisable from village land.
- Compliance and enforcement such as whether the head of power for the Fair Trading (Retirement Villages Interim Code) Regulations 2019 should move from the Fair Trading Act 2010 to the RV Act, what enforcement tools the RV Act should contain and the State Administrative Tribunal's jurisdiction.
More information is available from the Retirement village law reforms 2019 page. Click on the link below to download the consultation paper.
Retirement village law reforms 2019 - consultation paper
Public comment is sought as part of the reforms proposed to retirement villages’ legislation in Western Australia
The retirement villages laws include:
- Retirement Villages Act 1992
- Retirement Villages Regulations 1992 (RV Regulations)
- Fair Trading (Retirement Villages Interim Code) Regulations (note: interim codes are replaced every six months)
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