Australian Capital Territory Numbered Regulations

RETIREMENT VILLAGES REGULATION 2013 (NO 5 OF 2013) - REG 7

The disclosure statement must include the following information about the retirement village to which it relates:

        (a)     the proximity of the village to services, for example, hospitals, shopping centres and public transport;

Note     An example is part of the regulation, is not exhaustive and may extend, but does not limit, the meaning of the provision in which it appears (see Legislation Act

, s 126 and s 132).

        (b)     information about whether the operator operates a residential aged care facility;

        (c)     details about the ownership of the village, including whether a resident can own residential premises in the village;

        (d)     information about the management of the village;

        (e)     whether the village has a residents' committee and, if so, information about the committee;

        (f)     the financial management of the village, including details about the village's income and expenditure;

        (g)     information about the village's safety, including information about its security and emergency systems;

        (h)     the extent to which the operator has complied with legislation applying to the village, including the Act and the Planning and Development Act 2007

;

              (i)     village contracts the prospective resident will need to enter into to become a resident;

        (j)     the village rules;

        (k)     the facilities available to residents;

        (l)     services provided by the operator;

        (m)     costs associated with entering into a residence contract with the operator;

        (n)     information about any waiting list for the village and any waiting list fee payable;

        (o)     a statement to the effect that, to the best of the operator's knowledge, the information in the disclosure statement is true.