Australian Capital Territory Numbered Acts

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RETIREMENT VILLAGES ACT 2012 (NO. 38 OF 2012) - SECT 115

No restrictions on voting

    (1)     A village contract may explain the system under which, at the time the contract is entered into, the residents of the retirement village meet and consider and vote on matters mentioned in section 112 (1) (Meetings of residents).

    (2)     However, a term of the contract that purports to bind a resident to a particular system is void to the extent that it does so.

    (3)     A covenant, and any contract or other arrangement between the operator of a retirement village and a resident of the village, under which a particular vote of the resident (or the resident's failure to vote) on a matter relating to the village attracts a penalty, is void to the extent of that provision.



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