Australian Capital Territory Numbered Acts

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RETIREMENT VILLAGES ACT 2012 (NO. 38 OF 2012) - SECT 42

Retirement village land to be registered under Land Titles Act

    (1)     The operator of a retirement village must lodge a notice with the registrar-general for registration under the Land Titles Act 1925 that the land consisting of the retirement village (or land that is part of the retirement village) is used as a retirement village.

Maximum penalty: 50 penalty units.

Note     The registrar-general must register an instrument lodged in registrable form (see Land Titles Act 1925 , s 48 (1)).

    (2)     An offence against subsection (1) is a strict liability offence.

    (3)     A notice under subsection (1) must be lodged with the registrar-general before entering into a residence contract in relation to residential premises on the land.

    (4)     The operator must lodge with the registrar-general a new notice under this section if any of the information in a notice registered under the Land Titles Act 1925 in relation to the retirement village is no longer accurate.

    (5)     Nothing in this section requires the operator to lodge a notice with the registrar-general before entering into a residence contract in relation to residential premises on land that is already the subject of a notice under this section.

Note 1     If a form is approved under the Land Titles Act 1925 , s 140 for this provision, the form must be used.

Note 2     A fee may be determined under the Land Titles Act 1925 , s 139 for this provision.



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