Queensland Subordinate Legislation as Made

RETIREMENT VILLAGES (CLOSURE, TRANSITION AND REDEVELOPMENT PLANS AND OTHER MATTERS) AMENDMENT REGULATION 2019 - REG 12

12 Amendment of sch 7 (Dictionary)

(1) Schedule 7 , definitions
"general services charges budget" and
"redevelopment" —
omit.

(2) Schedule 7 —
insert—

"declaration date" —

(a) for a closure plan—means the date of the declaration required for the plan under schedule 1A, item 40; or

(b) for a transition plan—means the date of the declaration required for the plan under schedule 1B, item 34; or

(c) for a redevelopment plan—means the date of the declaration required for the plan under schedule 4A, item 48.

"existing scheme operator" see section 41C(1) of the Act.

"financially-interested former resident" , of a retirement village, means a former resident of the retirement village—

(a) who is required under section 104 of the Act to pay the whole or a proportion of a general services charge or maintenance reserve fund contribution for the retirement village; or

(b) whose freehold property in the retirement village has not been sold; or

(c) whose exit entitlement relating to an accommodation unit in the retirement village has not been paid to the person entitled to receive it under section 63 of the Act.

"general services charge budget" see section 102A(1) of the Act.

"lot" see the Land Title Act 1994 , schedule 2.

"new scheme operator" see section 41C(1) of the Act.

"redevelopment" , of a retirement village, see section 113C(3) of the Act and section 16A of this regulation.

"registered" , for a building management statement or community management statement, means registered in the freehold land register under the Land Title Act 1994 .

"reinstatement work" see section 56(1) of the Act.

"support design feature" , of a retirement village, means a design feature of all or part of the retirement village relating to—

(a) access to the retirement village by persons with a disability; or

(b) use of the retirement village by all persons, to the greatest extent possible, without adaptation or specialised design.

"transfer day" , for a retirement village scheme, means the day on which full control of the scheme is assumed by the new scheme operator of the scheme.

"village fund" , for a retirement village, means any of the following funds for the retirement village—

(a) the capital replacement fund;

(b) the general services charges fund;

(c) the maintenance reserve fund.