Australian Capital Territory Numbered Acts

RETIREMENT VILLAGES AMENDMENT ACT 2016 (NO. 30 OF 2016) - SECT 23

substitute

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

        (a)     the operator and a resident of the retirement village enter into a village contract; and

        (b)     the contract is entered into by the operator and resident signing the contract in each other's presence; and

        (c)     the operator does not give the resident a copy of the contract within 14 days after it is signed.

Maximum penalty: 50 penalty units.

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

        (a)     the operator and a resident of the retirement village enter into a village contract; and

        (b)     the contract is entered into by the operator and resident signing the contract other than in each other's presence; and

        (c)     the operator does not, within 14 days after the resident signs the contract, give the resident a copy of the contract signed by the operator.

Maximum penalty: 50 penalty units.