Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) This section applies if the operator of a retirement village makes a payment to a former occupant of residential premises in the village under section 235.
(2) At the same time as the payment is made, the operator must give the former occupant a statement setting out the following and showing how the amounts were calculated:
(a) the departure fee, if any, payable by the former occupant;
(b) accrued or outstanding recurrent charges, if any, payable by the former occupant;
(c) any amount payable by the former occupant in relation to the sale of the residential premises;
(d) any other amount payable by the former occupant under a village contract;
(e) if the former occupant is a registered long-term sublessee—the sale price of the premises;
(f) the amount of the payment to the former occupant.
(3) The operator of the village commits an offence if the operator does not comply with subsection (2).
Maximum penalty: 10 penalty units.
(4) An offence against this section is a strict liability offence.