Victorian Numbered Regulations

RETIREMENT VILLAGES (CONTRACTUAL ARRANGEMENTS) REGULATIONS 2017 (SR NO 67 OF 2017) - REG 1

The objectives of these Regulations are—

        (a)     to prescribe conditions for the purposes of section 26(2)(c) of the Retirement Villages Act 1986 ; and

        (b)     to provide for full or part payment of refundable in-going contributions to be brought forward to cover certain costs to former residents associated with
aged care accommodation; and

        (c)     to prescribe clauses to be included in residence contracts that set out how refundable in-going contributions are calculated in certain cases; and

        (d)     to prescribe matters that must be, may be and must not be included in residence contracts and management contracts; and

        (e)     to prescribe terms for residence contracts and management contracts; and

        (f)     to prescribe the layout of residence contracts and management contracts.