Victorian Numbered Regulations

RETIREMENT VILLAGES (CONTRACTUAL ARRANGEMENTS) REGULATIONS 2017 (SR NO 67 OF 2017) - REG 8

The clauses set out in Schedule 3 are included in a residence contract with a non-owner resident if—

        (a)     the residence contract provides that the resident's refundable in-going contribution is to be calculated with reference to the amount that will be paid as an in-going contribution by the next resident of the subject premises; and

        (b)     regulation 9 does not apply to the residence contract.