Queensland Subordinate Legislation as Made

RETIREMENT VILLAGES (CLOSURE, TRANSITION AND REDEVELOPMENT PLANS AND OTHER MATTERS) AMENDMENT REGULATION 2019 - REG 8

8 Amendment of sch 2 (Information to be contained in village comparison document)

(1) Schedule 2 —
insert—

15A a description of the scheme operator’s obligations under section 63A of the Act in relation to freehold properties of former residents of the retirement village

(2) Schedule 2 , item 16, ‘charges’—
omit, insert—
charge

(3) Schedule 2 , item 21(a)—
omit, insert—

(a) any surplus or deficit of—

(i) if any of the 3 most recent financial years ended before 11 November 2019—general services charges for the retirement village, as at the end of that financial year; and

(ii) if any of the 3 most recent financial years ended after 11 November 2019—the general services charges fund for the retirement village, as at the end of that financial year; and

(4) Schedule 2 , item 22(a)—
omit, insert—

(a) any surplus or deficit of—

(i) if either of the 2 most recent financial years ended before 11 November 2019—general services charges for the retirement village, as at the end of that financial year; and

(ii) if either of the 2 most recent financial years ended after 11 November 2019—the general services charges fund for the retirement village, as at the end of that financial year; and

(5) Schedule 2 , item 23(a)—
omit, insert—

(a) any surplus or deficit of—

(i) if the most recent financial year ended before 11 November 2019—general services charges for the retirement village, as at the end of the financial year; or

(ii) otherwise—the general services charges fund for the retirement village, as at the end of the financial year; and

(6) Schedule 2 , item 24(a) and (b)—
omit, insert—

(a) each village fund for the retirement village;

(7) Schedule 2 , item 24(c)—
renumber as item 24(b).

(8) Schedule 2 , item 39, ‘charges’—
omit, insert—
charge

(9) Schedule 2 —
insert—

56 whether there is an approved closure plan or approved transition plan for the scheme

57 whether there is an approved redevelopment plan for the retirement village