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.