Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) The operator of a retirement village must maintain each item of capital for which the operator is responsible in a reasonable condition taking into account the following:
(a) the age of the item;
(b) the prospective life of the item;
(c) the money paid to the operator by the residents under a village contract (including ingoing contributions).
Note Capital maintenance —see the dictionary.
(2) If it is not practical to maintain a capital item, the operator may replace the item.
(3) The operator must repair or replace a capital item for which the operator is responsible within a reasonable time after becoming aware of the need to repair or replace the item.