Australian Capital Territory Numbered Acts

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RETIREMENT VILLAGES ACT 2012 (NO. 38 OF 2012) - SECT 130

Administrator may amend village contract

    (1)     Despite any other provision of this Act, an administrator may, with the director-general's consent—

        (a)     amend or revoke an approved annual budget; or

        (b)     amend the recurrent charges payable by the residents of the retirement village; or

        (c)     change the services offered by the village.

    (2)     The director-general may give consent under subsection (1) only if, in the director-general's opinion, the proposed revocation, amendment or change is done to—

        (a)     assist in the process of finding a new operator for the village; or

        (b)     ensure the financial viability of the village.

    (3)     Nothing done by the administrator in accordance with this section constitutes a breach of contract or other civil wrong.

    (4)     No compensation is payable to any person because of the operation of this section or anything done under this section.



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