C When is the Tick the box that applies: administering body The resident is to be paid the amount owed by the administering required to pay the body: resident? within 45 days of the day on which the resident ceases to reside in the retirement village within 7 days of another person occupying the premises formerly occupied by the resident if another person does not occupy the premises formerly occupied by the resident, at another time specified in the residence contract being: [Insert details of when the resident will be paid the amount owed by the administering body] 10. Village operating funds 16 A What amounts are Annexure C contains a copy of the village’s operating budget for allocated in the the current financial year. village’s operating budget for the current financial year? B Did the village have Tick the box that applies: an operating The village operating surplus/deficit in the surplus in the last financial last financial year for year was: $............... which a financial statement 17 has been The village operating provided to residents? deficit in the last financial year was: $............... Yes [Comment on any specific surplus/deficit budget No arrangements] 11. Reserve fund(s) 18
C When is the administering body required to pay the resident? Tick the box that applies: The resident is to be paid the amount owed by the administering body: within 45 days of the day on which the resident ceases to reside in the retirement village within 7 days of another person occupying the premises formerly occupied by the resident if another person does not occupy the premises formerly occupied by the resident, at another time specified in the residence contract being: [Insert details of when the resident will be paid the amount owed by the administering body] 10. Village operating funds 16 A What amounts are allocated in the village’s operating budget for the current financial year? Annexure C contains a copy of the village’s operating budget for the current financial year. B Did the village have an operating surplus/deficit in the last financial year for which a financial statement 17 has been provided to residents? Yes No Tick the box that applies: The village operating surplus in the last financial year was: $............... The village operating deficit in the last financial year was: $............... [Comment on any specific surplus/deficit budget arrangements] 11. Reserve fund(s) 18
retvillform1_0.docx