(1) A person must not hold the same office, or hold an office exercising the same (or substantially the same) function, on the residents committee for a retirement village for more than 3 consecutive years, except as provided by regulation.
(2) The election of a person to an office in contravention of subsection (1) is void.
(3) Any act, matter or thing done by a residents committee, in good faith, even though at the time that the act, matter or thing was done the election of a member of the committee was void under subsection (2), is valid as if the election of the member was not void under that subsection.
(4) Anything done by a residents committee, is not invalid only because the election of a committee member was void under subsection (2).