Victorian Numbered Regulations

RETIREMENT VILLAGES (CONTRACTUAL ARRANGEMENTS) REGULATIONS 2017 (SR NO 67 OF 2017) - REG 5

In these Regulations—

"determined date", in relation to an entitled person, means the latest of—

        (a)     the day that is 6 months after the entitled person delivers up vacant possession of the premises in the retirement village; or

        (b)     the day that is 6 months after the entitled person enters into residential care within the meaning of the Aged Care Act; or

        (c)     the day on which the entitled person is required to pay the refundable accommodation deposit to the approved provider of the residential care within the meaning of the Aged Care Act;

"owner" includes a person who alone or with others is the owner of an estate other than an estate in fee simple;

"quarter "means a period of 3 months in any year that ends on 31 March, 30 June, 30 September or 31 December;

"the Act" means the Retirement Villages Act 1986 ;

"the Aged Care Act" means the Aged Care Act 1997 of the Commonwealth;

"Victorian Division of the Australian Property Institute" means the Victorian Divisional Council of the Australian Property Institute Limited ACN. 608 309 128.