Australian Capital Territory Numbered Acts

RETIREMENT VILLAGES ACT 2012 (NO. 38 OF 2012) - SECT 60

    (1)     The operator of a retirement village commits an offence if—

        (a)     the operator enters into a village contract with a resident of the village; and

        (b)     the operator does not give the resident a copy of the contract within 14 days after the day the contract is entered into.

Maximum penalty: 50 penalty units.

    (2)     The operator of a retirement village commits an offence if—

        (a)     a resident or a prospective resident of the village signs a village contract and gives it to the operator before the contract is entered into; and

        (b)     the operator does not give the resident or prospective resident a copy of the contract signed by the resident or prospective resident within 14 days after the day the operator receives it.

Maximum penalty: 50 penalty units.

    (3)     The operator of a retirement village commits an offence if—

        (a)     a residence contract for the village is in the form of a sublease for a term longer than 3 years; and

        (b)     the operator does not—

              (i)     lodge the sublease for registration under the Land Titles Act 1925 within 1 month after the day the sublease is given to the operator in registrable form; and

              (ii)     give the resident a copy of the fully-executed sublease within 14 days after the day the sublease is returned to the operator after its registration.

Maximum penalty: 50 penalty units.

    (4)     An offence against this section is a strict liability offence.