Version No. 004 Retirement Villages (Contractual Arrangements) Regulations 2006 S.R. No. 99/2006 Version incorporating amendments as at 10 April 2013 1 Objectives The objectives of these Regulations are to— (a) prescribe conditions for the purposes of section 26(2)(c) of the Retirement Villages Act 1986; and (b) 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) prescribe clauses to be included in residence Reg. 1(c) amended by contracts that set out how refundable ingoing S.R. No. contributions are calculated in certain cases; 52/2009 reg. 5(1). and (d) prescribe a formula for the determination and Reg. 1(d) inserted by indexing of maintenance charges for the S.R. No. purposes of section 38(1) of the Act. 52/2009 reg. 5(2). 2 Authorising provision These Regulations are made under section 43 of the Retirement Villages Act 1986. 3 Commencement These Regulations come into operation on 1 August 2006.
Version No. 004 Retirement Villages (Contractual Arrangements) Regulations 2006 S.R. No. 99/2006 Version incorporating amendments as at 10 April 2013 1 Objectives The objectives of these Regulations are to— (a) prescribe conditions for the purposes of section 26(2)(c) of the Retirement Villages Act 1986; and (b) 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 Reg. 1(c) amended by S.R. No. 52/2009 reg. 5(1). (c) prescribe clauses to be included in residence contracts that set out how refundable ingoing contributions are calculated in certain cases; and Reg. 1(d) inserted by S.R. No. 52/2009 reg. 5(2). (d) prescribe a formula for the determination and indexing of maintenance charges for the purposes of section 38(1) of the Act. 2 Authorising provision These Regulations are made under section 43 of the Retirement Villages Act 1986. 3 Commencement These Regulations come into operation on 1 August 2006.