The objects of this Act are to —
(a) set out particular rights and obligations of residents and operators of retirement villages; and
(b) facilitate the disclosure of information to prospective residents of retirement villages; and
(c) require contracts between residents and operators of retirement villages to contain full details of the rights and obligations of the parties; and
(d) facilitate participation by residents, who want to be involved, in the management of retirement villages; and
(e) establish appropriate mechanisms for resolving certain disputes between residents and operators of retirement villages; and
(f) encourage the retirement village industry to adopt best practice management standards.