Australian Capital Territory Numbered Acts

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RETIREMENT VILLAGES ACT 2012 (NO. 38 OF 2012) - SECT 501

Existing contracts to be residence contracts

    (1)     This section applies if, immediately before the commencement day, an existing contract was in force.

    (2)     The existing contract is, on the commencement day, taken to be a residence contract—

        (a)     in the same terms as the existing contract; and

        (b)     subject to the same conditions as the existing contract.

    (3)     This section is subject to section 502 and section 503.



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