Victorian Numbered Regulations

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RETIREMENT VILLAGES (CONTRACTUAL ARRANGEMENTS) REGULATIONS 2006 (SR NO 99 OF 2006) - REG 1

Objectives

The objectives of these Regulations are to—

        (a)     prescribe conditions for the purposes of section 26(2)(c) of the Retirement Villages Act 1986 ; and

        (b)     provide for full or part payment of refundable in-going contributions to be brought forward to cover certain costs to former residents associated with aged care accommodation; and

        (c)     prescribe clauses to be included in residence contracts that set out how refundable in-going contributions are calculated in certain cases.



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