Retirement Villages Amendment Regulations 2016 (WA)

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WESTERN 861
AUSTRALIAN
GOVERNMENT
ISSN 1448-949X (print) ISSN 2204-4264 (online)
PRINT POST APPROVED PP665002/00041
862 GOVERNMENT GAZETTE, WA 23 March 2016

Retirement Villages Amendment Regulations 2016

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(b) does not require a payment of a total amount of more than $1 500 to the administering body of a retirement village in consideration for, or in contemplation of, admission of a person as a resident of the retirement village;

5.             Regulation 4 replaced

Delete regulation 4 and insert:

4.             Section 13 statement

(1) At least 10 working days before a person enters into a
residence contract, the owner must cause to be given to
that person —

(a)

if the residence contract is not a short-term residence contract, a statement in the form of Form 1 in Schedule 1; or

(b)

if the residence contract is a short-term residence contract, a statement in the form of Form 1A in Schedule 1.

(2) The owner, or person authorised to act on behalf of the
owner, must complete and sign the information
required to be provided under Form 1 or Form 1A.

6.             Regulation 7A amended

(1) In regulation 7A delete “A residence” and insert:
(1) A residence
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(2) At the end of regulation 7A insert:
(2) However, the matter listed in item 11 of the Table to
subregulation (1) does not apply to a residence contract
if the residence contract is a short-term residence
contract.

7.             Regulation 7C amended

(1) In regulation 7C delete “A residence” and insert:
(1) A residence
(2) At the end of regulation 7C insert:
(2) However, the matter listed in item 2 of the Table to
subregulation (1) does not apply to a residence contract
if the residence contract is a short-term residence
contract.

8.             Regulation 7D amended

(1) At the beginning of regulation 7D insert:
(1) In this regulation —

associated person, in relation to an administering body,

means a person who is —

(a) an employee of the administering body; or

(b)

a person concerned with the administration of the administering body; or

(c) a related body corporate.
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(2) In regulation 7D delete “A residence” and insert:
(2) A residence
(3) In regulation 7D in the Table delete item 3(b) and insert:

(b)

the period of notice to be provided to the resident of the intention to withdraw or vary the service —

(i)

which must not be less than 30 days; or

(ii)

which must be as soon as reasonably practicable if the administering body has engaged a person, who is not an associated person, to provide that

service and that person has not
provided the administering body
with notice of the intention to
withdraw or vary the service.

9.             Regulation 7E amended

(1) In regulation 7E delete “A residence” and insert:
(1) A residence
(2) At the end of regulation 7E insert:
(2) However, the matter listed in item 2 of the Table to
subregulation (1) does not apply to a residence contract
if the residence contract is a short-term residence
contract.
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10.           Regulation 7F amended

(1) In regulation 7F delete “A residence” and insert:
(1) A residence
(2) At the end of regulation 7F insert:
(2) However, the provisions or matters listed in items 1, 2, 5(b)(ii), 6 and 7 of the Table to subregulation (1) do not apply to a residence contract if the residence contract is a short-term residence contract.

11.           Regulation 7G amended

(1) In regulation 7G delete “A residence” and insert:
(1) A residence
(2) At the end of regulation 7G insert:

(2)

However, the provisions listed in items 1 and 3 of the Table to subregulation (1) do not apply to a residence contract if the residence contract is a short-term

residence contract.

12.           Regulation 7I amended

(1) In regulation 7I(1) delete the definition of related body
corporate.
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(2) In regulation 7I(1) in the definition of power of attorney delete
“section 102;” and insert:
section 102.

13.           Regulation 13 inserted

At the end of Part 4 insert:

13.           Transitional provision — section 13 statement

(1) In this regulation —
commencement day means the day on which the
Retirement Villages Amendment Regulations 2016
regulation 5 comes into operation;
new section 13 statement means the statement in the
form of Form 1 in Schedule 1;

previous section 13 statement means the statement in the form of Form 1 in Schedule 1 immediately before commencement day;

short-term section 13 statement means the statement in
the form of Form 1A in Schedule 1;
transitional period means the period beginning on
commencement day and ending on 30 June 2016.

(2)

During the transitional period, an owner complies with regulation 4 if the owner gives to a person entering into a residence contract —

(a) the previous section 13 statement; or
(b) the new section 13 statement; or

(c)

if the residence contract is a short-term residence contract, the short-term section 13 statement.

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14.           Schedule 1 amended

In Schedule 1 delete Form 1 and insert:

Form 1

Retirement Villages Act 1992

[r. 4(a)]

Information statement for prospective resident

Under the Retirement Villages Act 1992 section 13(2) the owner of residential premises in a retirement village is required to provide the following information to a person at least 10 working days before that person enters into a residence contract.

THE OWNER MUST ANSWER EACH OF THE FOLLOWING

QUESTIONS IN WRITING BELOW EACH QUESTION —

Declaration by the owner

I [name]: ....................................................................................................... of [address]: ................................................................................................. being the owner, or a person authorised to act on behalf of the owner of ....................................................................................................................... [retirement village], certify that the information contained herein is to the best of my knowledge correct.

........................................................ ................................................
[Signature] [Date]
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Important notice to prospective resident

Before signing a residence contract it is important that you:

understand the enclosed information and its implications;
read all the terms of the contract;
seek independent legal advice, particularly if unsure about any
details in the contract;
understand the legal basis of occupancy (e.g. a person who signs a
lease does not own the premises);
understand the financial commitments involved, and in particular
entry fees, ongoing costs, and exit fees;
consider whether you have had satisfactory responses to any
questions you ask;
consider whether communal living in a retirement village is right
for you.

Disclosure statement for prospective resident

The owner, or a person authorised to act on behalf of the owner, must complete all sections of this disclosure statement in writing.

1.        Retirement Village

A
Name of the retirement village Name: ...........................................
B
Address of the retirement Address: ........................................
village .......................................................
C
Has this village commenced Yes
operation?
No
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D In which year was this village Construction of the first stage
first constructed? was completed in .......... [year]
Construction of subsequent [Insert stage number(s) and
completed stages: year(s) of completion]
........................................................
........................................................
If the construction of the [Insert stage number(s) and
village is still to be completed, estimated date(s) for completion]
provide estimated completion
dates for each stage still to be ........................................................
constructed: ........................................................
E Aged care facility
Is there an aged care facility
Yes
adjacent to the village?
No

Important notice to prospective residents: The administering body cannot guarantee a resident a place in an aged care facility. To enter an aged care facility, a resident must be assessed as eligible through an aged care assessment in accordance with the Aged Care Act 1997 (Commonwealth).

2.        Owner/administering body/management of the retirement village

A
Owner: details of the owner of Name: ............................................
the land on which the
retirement village facilities are ABN: .............................................
located (individual/company/ Address: .........................................
organisation):  ........................................................
Tel. number(s): ..............................
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B Administering body: if the Name: ............................................
village is administered by a
person or entity other than the ABN: .............................................
owner of the land, the details of
Address:  .........................................
that individual/company/ ........................................................
organisation:
Tel. number(s): ..............................
Management representative: If yes, provide details of when the
manager is available onsite and
Is there a management how the manager can be
representative available to contacted when not onsite
residents? including before, during and
  Yes after working hours:
 Located onsite at
the village ........................................................
 Located offsite ........................................................
No Name: ............................................
Address:  .........................................
........................................................
Tel. number(s): ..............................

3.        Nature of residential premises (specific to the prospective resident)

A
The type of Tick the type of residential premises the
residential premises prospective resident proposes to occupy:
is:
Bedsitter
One-bedroom
Two-bedroom
Three-bedroom
Other [specify type] ………...............
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B The nature of the Tick each box that applies:
prospective
Lease, licence, rental (non-owner
resident’s occupancy
right in relation to resident)
the residential  Lease for life
premises that the
resident proposes to  Lease/Licence to occupy
occupy is:  (long-term) [state term]
...................................................

 Fixed term rental (short-term)

[state term] . ..............................

 Periodic rental (short-term)

[state term] . ..............................

Strata title (owner resident)
Purple title (owner resident/tenant in
common)
Other [specify details] ......................

4.        Parking amenities (specific to prospective resident’s proposed residential premises) visitors’ parking and parking for trailers, boats and caravans

A This section provides
information about the garage
and parking facilities that will
be provided with the resident’s
individual residential premises,
along with details of parking
for visitors, trailers, boats and
caravans.
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Will the prospective resident If no, what are the parking
have a reserved garage and/or arrangements?
parking bay within the village?
Yes .......................................................
No .......................................................
.......................................................
Is there an additional amount If yes, provide a brief
payable to the premium or explanation:
through recurrent charges to
access garage or parking .......................................................
facilities? .......................................................
Yes .......................................................

 No Is there visitors parking

If yes, provide a brief explanation

available in the village? of how much visitors parking is
available:
Yes

...................................................... .

No

.......................................................

.......................................................

Is there trailer, boat and
caravan parking available for
the prospective resident to

use?

Yes (subject to
availability)
No
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Is there an additional amount If yes, provide a brief
payable for parking a explanation:
trailer/boat/caravan? .......................................................
Yes .......................................................
No .......................................................
Are there any other If yes, provide a brief
arrangements in place for the explanation:
parking of vehicles, trailers,
boats or caravans? .......................................................
.......................................................
Yes

.......................................................

No

At Annexure A provide a plan of the village indicating the location of residents’, visitors’, and

caravan and/or boat parking.

5.        Premium (specific to the prospective resident) and other entry fees and charges 1

A
The prospective Tick each box that applies:
resident must pay the
A premium 2 of: $ .........................

following entry
amounts in relation to

the proposed  fully refundable
residential premises:   partially refundable
 non-refundable
  A deposit of: $ .........................

[Repayable if the contract is rescinded
during the cooling off period under
section 75(1)]

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B Other entry amounts Tick each box that applies:
and charges payable
Prepayment of a recurrent charge
in relation to the
residential premises
Transfer duty [strata title/purple title]
include:
 First instalment of any

fortnightly/monthly charges [number of weeks, months]

...............................................................

Any other entry fees and charges
[Specify details, e.g. use of a garage
or carport, strata title certificate fees,
strata title levy adjustments,
administration fee]
...............................................................
...............................................................
...............................................................

6.        Ongoing amounts payable to the operator during occupation 3 (specific to the prospective resident and the residential premises that the resident has expressed interest in)

A
To live in the village, Tick those costs that apply:
the prospective Recurrent charges 4 per
resident will be [week/fortnight/month] $ ...................
required to pay the
following amounts:  Reserve fund 5 charge per

[week/fortnight/month] $ ...................

Tick whether the

following amounts [Provide further information about reserve
apply to:  fund contributions at item 11]
single occupant Any other charges per
[week/fortnight/month] $ ...................
 couple [specify other charges] $ ...................
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 not dependent

on single / .................................... $ ......................
couple
.................................... $ .....................
occupancy
NB: The amount Total amount payable
may vary each [week/fortnight/month] $
financial year ....................
depending on
operating expenses.
B Other amounts 6 Tick each box that applies:
relating to the
Contents insurance [see also item 12]
residential premises
that are currently
Council rates [not applicable to all
additional charges retirement villages 7]
payable by the
resident:  Other council charges 8

 Water rates

 Utilities (electricity and gas)

C Is the resident If yes, briefly explain the resident’s
responsible for responsibilities including whether the
repairs and resident is to organise the repairs and pay
maintenance to the for the repairs:
residential premises
....................................................................... .
during their
occupation of the ........................................................................
premises? ........................................................................
Yes ........................................................................
No ........................................................................
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D This item only If there is a body corporate strata levy fee
applies to strata title for the lot containing the residential
villages. premises, tick each box that applies:
Is there a body
The current body corporate strata levy
corporate strata levy fee for the lot containing the residential
fee for the lot premises is per [week/fortnight/
containing the
month/quarter] $ ....................
residential premises?

The body corporate strata levy fee is:

Yes
incorporated as a separate item in the
No recurrent charges to be paid by the
resident
charged separately from the recurrent
charges
Do communal If the communal amenities do not form part
amenities form part of the common property in the village, state
of the common who owns the lots containing those
property in the amenities:
village such that they
are owned by the The communal amenities are on lots owned
strata company? by:
 the administering body
Yes

 a third party

No

Residents contribute to the body corporate strata levies payable in relation to the lots containing the communal amenities

through:

an item in the recurrent charges
an amount that is charged separately
the body corporate fee is included in
the recurrent charges at item 6A
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E How much have the recurrent charges, for the type of residential
premises the prospective resident has expressed interest in,
increased or decreased over the last 3 financial years 9?

Specify if the amounts apply to a single occupant or to a couple or if not dependent on the number of occupants:

Single occupant
Couple
Not dependent on single/couple occupancy

[Insert in the Table below the dollar amount and percentage increase or decrease (whichever applies) for each of the last 3 financial years 10. An explanation may also be provided]

..............................................................................................................
..............................................................................................................
..............................................................................................................
Financial Year e.g. e.g. e.g. e.g.
2011/12 2012/13 2013/14 2014/15

Recurrent charge

Increase/decrease over N/A
previous financial year ($)
Increase/decrease over N/A
previous financial year
(%)
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F The total recurrent charges village residents have contributed
towards operating expenses in the village and the amount of any
increase or decrease in each of the last 3 financial years are set out
in the following Table:

[Insert in the Table below the dollar amount and percentage increase or decrease (whichever applies) for each of the last 3 financial years 11. An explanation may also be provided]

............................................................................................................

Financial Year e.g. e.g. e.g. e.g.
2011/12 2012/13 2013/14 2014/15

Total Recurrent charges

in the operating budget

Increase/decrease over N/A
previous financial year ($)
Increase/decrease over N/A
previous financial year
(%)
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7         Exit fees 12 and other exit related matters

A Exit fees When are the exit fees payable?
Are residents required ..................................................................
to pay one or more exit
fees after they have ..................................................................
permanently vacated 13 Provide a short statement to describe
their residential the structure of each fee structure,
premises? including any formula that applies to
calculate the amount payable and
Yes whether the maximum amounts payable
No are capped or uncapped so that it is
clear the extent to which an exit fee will
vary for example where it depends on
the length of residency in the village:
..................................................................
..................................................................
..................................................................
..................................................................
..................................................................
..................................................................
B Recurrent charges Tick each box that applies:
Are residents required Recurrent charges must be paid until
to pay recurrent the earlier of:
charges after
permanently vacating? For owner residents:
 settlement of the residential
Yes premises or within 7 days of a new
No resident moving into the residential
premises.

 other [explain]

..........................................................

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For non-owner residents:

 3 months after permanently vacating or evidence of death 14.

another time (less than 3 months) specified in the contract [specify timeframe] ………………............

C Refurbishment If yes, explain how the extent of
costs 15 refurbishment work will be determined
Do residents contribute and assessed and whether resident
in whole or part to the contribution is in whole or in part:
costs of refurbishment ..................................................................
works to the residential
premises when ..................................................................
permanently vacating? ..................................................................
Yes ..................................................................
..................................................................
No
..................................................................
D Reserve fund If the village is strata titled, include
information about whether or not there
Do residents contribute is one or more sinking fund operating
to an exit fee in relation to the village, for example
contribution to a one relating to the retirement village
reserve/sinking fund scheme under the Retirement Villages
when permanently Act and one relating to the common
vacating? property under the Strata Titles Act:
Yes ..................................................................
No ..................................................................
[Provide further ..................................................................
information about
reserve fund ..................................................................
contributions at ..................................................................
item 11]
..................................................................
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E Other amounts If yes, list the expenses and if known,
deducted the amounts:
Are there any other Expenses Amounts
amounts payable to the
owner / administering
body that will be
deducted from the
amount of premium
repayable to the
resident?
Yes
No

8.        Arrangements for marketing, releasing or selling the residential premises

A Are residents liable to Tick each box that applies:
pay an amount towards
expenses incurred for  The administering body manages
marketing, advertising, this process itself
re-leasing or selling the  The administering body may
residential premises appoint one or more real estate
that they occupied:  agents to re-lease/sell the
residential premises on:
  Yes

 an exclusive basis

No
[If no, move to item 9]  a non-exclusive basis
Residents may appoint their own
agent
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 Residents may not appoint their

own agent but may nominate an agent that may then be appointed by the administering body:

 Yes  No

Provide a short statement to describe
the fees structure, including any
formula that applies to calculate the
amount payable for marketing,
advertising, releasing or selling the
residential premises and whether the
formula will vary according to, for
example length of residency in the

village:

..................................................................
..................................................................
..................................................................

..................................................................

Explain any other arrangements that
may apply to disposing of the residents

interest in the retirement village:

..................................................................
..................................................................
..................................................................
..................................................................

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Does the resident have the right to
agree/disagree regarding the amount set
for the incoming premium (sale
price/lease premium) payable for the

residential premises?

Yes
No

9.        Repayment of whole or part of premium

A Are residents entitled to The administering body must pay the
be repaid the whole or resident the following amounts:
part of the premium (or
other amounts) paid on Tick each box that applies:
entry after permanently
the whole of the premium
vacating the residential originally paid by the resident
premises?

 ………….. [insert percentage] of

Yes the premium originally paid by the
resident
No
the whole of any increase in the

[If no, move to

item 10A] value of the residential premises

 …………. [insert percentage] of

any increase in the value of the

residential premises

the whole premium a new resident
pays to secure a right to occupy
the premises formerly occupied by
the former resident

 ………… [insert percentage] of the premium a new resident pays to secure a right to occupy the

premises formerly occupied by the
former resident

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 other arrangements:

[Insert a short statement to
explain the structure of any other
amounts payable to the resident
after the residential premises have
been permanently vacated
including any formula or method
used to determine the amount

payable]

.........................................................

.........................................................

Less

exit fees (referred to in
item 7A-7D)
any other fees/charges (referred to
in item 7E)

At Annexure B complete either estimated entitlements based on the resident permanently vacating after 1, 2, 5 and 10 years.

B Is repayment subject to If yes, tick each box that applies:
any precondition?
Repayment is subject to the
Yes payment of a premium by a
resident that wishes to occupy the
No residential premises of the former
resident
Repayment is subject to the
administering body “buying back”
the residential premises
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C When is the Tick the box that applies:
administering body
required to pay the The resident is to be paid the amount
resident? owed by the administering body:
 within 45 days of the day on

which the resident ceases to reside

in the retirement village

within 7 days of another person
occupying the premises formerly
occupied by the resident

 if another person does not occupy

the premises formerly occupied by
the resident, at another time
specified in the residence contract

being:

[Insert details of when the
resident will be paid the amount

owed by the administering body]

.........................................................

.........................................................

10.      Village operating funds 16

A What amounts are Annexure C contains a copy of the
allocated in the village’s operating budget for the
village’s operating current financial year.
budget for the current
financial year?
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B Did the village have an Tick the box that applies:
operating
surplus/deficit in the  The village operating
last financial year for surplus in the last financial
 year was:  $...............
which a financial 
statement 17 has been   The village operating
provided to residents?  deficit in the last financial
year was:  $...............
  Yes

[Comment on any specific

No surplus/deficit budget
arrangements]
..........................................................
..........................................................
..........................................................

11.      Reserve fund(s) 18

A Does the village have If the village has more than one reserve
at least one reserve fund state the types of reserve funds
fund? held:
Yes ...................................................................
No ...................................................................
[If no, move to ...................................................................

item 12A]

Provide the total balance of each reserve fund at the end of the last financial year for which a financial statement has been

provided to residents 19:  $...................

$...................

$...................

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If the village does not have a reserve
fund(s), briefly explain how the costs of
capital works and maintenance are
managed:
...................................................................

...................................................................

B When do residents pay Tick the box that applies:
the reserve fund
Via recurrent charges payable
contribution?

[specify weekly, fortnightly,

monthly]

..........................................................

On or after permanently vacating

 Both of the above

C The amount payable to Tick the box that applies:
the reserve fund by the
[insert number] ........... % of:
former resident after
permanently vacating premium paid by exiting
is worked out as resident
follows: 
premium paid by next
incoming resident

 Other basis [specify details]

..........................................................

..........................................................

..........................................................

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12. Insurance
A Does the administering Tick the box that applies:

body pass on the costs

of insurance cover for If yes, insurance costs are paid via:
the retirement village
(listed at item 12C) to  recurrent charges
residents?  a separate levy
Yes
No
B Are residents If yes, provide details of the types of
responsible for insurance residents are responsible for
arranging any arranging:
insurance cover for the
residential premises ...................................................................
that they occupy? ...................................................................
Yes ...................................................................
...................................................................
No
...................................................................
C The retirement village is currently insured as follows:
Type of Maximum Period of Excess
insurance amount of coverage payable in
insurance event of a
cover claim

Public liability

Workers

compensation

Building
(including
refurbishment)

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Other
[specify type]

13.      Communal amenities

The following communal amenities 20 are available for all residents to use.

Tick each box that applies:

Club house/social Swimming pool Library
centre
 indoor Computer station

 Separate amenities  Activities or

 outdoor

 Place for worship

games  heated  Medical

consultation

 not heated

 Arts and crafts room
Spa
 Billiards  Shop

 indoor

 Gym Hair salon

 outdoor

 Men’s Beauty salon
shed/workshop  heated Village bus
 Bowling green  not heated Other [specify
Tennis court BBQ area details]
outdoors ............................
Restaurant . ...........................
Dining room ............................
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14. Communal and personal services
A This section provides At Annexure D is a list of communal
information about the services currently provided or made
communal available in the village (one per line). The
services 21 provided services listed at items 15 and 16 do not
or made available to have to be included in Annexure D.
all residents in the If communal services are not provided,
village make a statement to the effect that the
administering body does not provide or
make available any communal services in
the village.
B This section provides At Annexure E is a list of personal
information about the services currently provided or made
personal services that available in the village and the current
are currently fees charged for each service (one per
provided or made line).
available to residents If personal services are not provided,
on an individual make a statement to the effect that the
basis administering body does not provide or make available any personal services in the village.

15.      Security

A Does the village have If yes, the security arrangements include:
security
arrangements in  Security alarm
place for the
communal areas 22 of  Locked gates
the village?  CCTV
Yes  Security guard on site
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 No  Other [specify details]
[If no, move to
item 16A]
..........................................................
..........................................................
..........................................................
B Is there any If yes, specify details and frequency of
monitoring of the monitoring:
security
arrangements listed ......................................................................
above? ......................................................................
Yes ......................................................................
......................................................................
No
......................................................................

16.      Emergency system

A Does the village have If yes, provide details of the emergency
an emergency call call system, including the name of the
system operating in current provider:
the village 23? ......................................................................
Yes ......................................................................
No ......................................................................
[If no, move to ......................................................................
item 17A]
......................................................................
......................................................................
B If yes, the current
cost to residents of  Recurrent charges
the emergency call  Additional cost per
system is recovered [week/fortnight/month] $ .............. .
from residents via:
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C The emergency call 24 hours/7 days per week

system is currently

…….... am and …….... pm

monitored between:

[number] ....... days per week

17.      Resident restrictions

A Are there any Tick each box that applies:
restrictions on the
Having someone else live with the
use of residential
premises or personal resident?
and community Having a carer live with the resident?
amenities in regard 
to: 
Allowing a spouse or de facto partner
to continue living in the village on
the death of a resident?

 Having visitors, including short-stay

guests?

Allowing a house sitter to stay in a
resident’s absence?

 Keeping pets?

B If any of the boxes in ‘A’ are ticked, provide at Annexure F a
table of the relevant contract clauses or residence rules clauses
that apply to any such restrictions or conditions of use of
residential premises and personal and community amenities.
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18.      Accreditation

A Is the village If yes or pending, which scheme is the
currently accredited? retirement village accredited under or
proposed to be accredited under?
Yes

Provide the name of the retirement village

No accreditation scheme and key details
including the year in which the village
Pending
was last assessed against the
[If no, move to accreditation criteria and accredited:
item 19A] ......................................................................
......................................................................
......................................................................
......................................................................
......................................................................
......................................................................
B Do residents If yes, specify the percentage of the
currently contribute expenses incurred for accreditation that
to the expenses residents have contributed or will
incurred for contribute towards accreditation:
accreditation via a [number] ……. % of accreditation
recurrent charge? expenses is paid by residents
Yes Approximate amount per
No
residence per year is:  $ ................
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19. Residents’ committee
A Does the village If the village does not have a residents’
currently have a committee, explain how residents may
residents’ committee communicate with management:
established under the
Retirement Villages ......................................................................
Act 1992? ......................................................................
Yes ......................................................................
......................................................................
No
[If no, move to ......................................................................
item 20A] ......................................................................

B

Is the function of the residents’ committee currently vested in an incorporated

association?
Yes
No
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20.      Resident consultation

A What arrangements Provide details of resident consultation:
currently exist for a
resident to be ......................................................................
consulted in relation ......................................................................
to the administration ......................................................................
of the retirement
village, including the ......................................................................
making of residence ......................................................................
rules and charging
for the village ......................................................................
operating costs that ......................................................................
are payable by the
resident:
......................................................................
......................................................................
......................................................................

21.      Waiting list

A

Does the village currently have a waiting list?

Yes
No
If yes, is there a If so, how much is charged?
waiting list fee?
Waiting list fee $ ................
Yes
No

[If no, move to
item 22A]

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B Is the waiting list fee
refundable?
on entry to the  Yes

village?

 No

if the resident
decides not to  Yes
move into the
village?  No

22.      Planning and development

A Are there any plans
for development in  Yes
the village expected  No
to commence in the
next 18 months?
Has planning Yes [insert date of application]
permission been

..........................................................

sought for the
development of the

village?  No
 Pending
Has planning
Yes [insert date of grant]
permission been

..........................................................

granted for the
development of the

village?  No
 Pending
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B If yes or pending, briefly describe the plans for development:
............................................................................................................
............................................................................................................
............................................................................................................
............................................................................................................
............................................................................................................
............................................................................................................
C Do residents have
access to documents  Yes
relating to the  No

development in the village expected to commence in the

next 18 months?

Notes for Form 1:

1.       All entry fees, recurrent charges, exit fees, and security bonds for rentals, are inclusive of GST if applicable.

2.       A premium is an ongoing contribution paid by an incoming resident to the administering body to confer a resident’s right to occupy a residential premise in the retirement village. The Retirement Villages Act 1992 section 3(1) defines the term premium more fully.

3.       Note that recurrent charges are ongoing costs that may increase annually.

4.       The term recurrent charge under the Retirement Villages Act 1992 section 3(1) means any amount (including rent) payable by a resident to the administering body of a retirement village on a recurrent basis. The recurrent charges referred to above do not include a reserve fund charge which is listed as a separate charge.

5.       A reserve fund may also be referred to as a sinking fund. Residents may be required to pay ongoing reserve fund charges for maintenance work, as referred to in item 6A, as well as an amount calculated as part of the Deferred Management Fee (DMF), as referred to in item 7D.

6.       This item identifies those amounts that the resident is directly responsible for paying to a third party that is independent of the administering body. That is, they are amounts paid in addition to any recurrent charge contributions for

operating expenses. For example, if the administering body pays the council

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rates and water rates and recovers the expenses incurred through recurrent
charge contributions towards operating expenses then the tick boxes for
“council rates” and “water rates” would not be ticked in item 6B.

7.       For example retirement villages operated by a not for profit operator may not be subject to council rates.

8.       For example charges for rubbish collection or an emergency service levy that apply independently of council rates.

9.       The dollar amounts provided in the Tables in items 6E and 6F are historical amounts and are not a predictor of increases or decreases in recurrent charges that may apply in the future.

10.     Financial year means the period of 12 months ending on 30 June (Interpretation Act 1984 section 5).

11.     Financial year means the period of 12 months ending on 30 June (Interpretation Act 1984 section 5).

12.     Exit fees may also be referred to as Deferred Management Fees (DMF), Deferred Fees or Deferred Facilities Fees.

13.     Under the Act section 23(1) permanently vacated, in relation to a former resident and residential premises in a retirement village, means that —

(a) if required by the residence contract — the administering body has been given notice of the former resident’s intention to vacate the residential premises; and
(b) the goods and belongings of the former resident have been removed from the residential premises; and
(c) the former resident has ceased to reside in the residential premises; and
(d) the right to exclusively occupy the residential premises has been given up by the former resident (or, if the former resident is deceased, by the estate of the former resident) by returning the keys to the residential premises to the administering body.

14.     Evidence of death, in relation to a deceased former resident of a retirement village, means —

(a) evidence of the grant of probate or letters of administration; or
(b) other evidence that the administering body of the retirement village accepts as evidence of the former resident’s death (Retirement Villages Regulations 1992 regulation 9(1)).

15.     Refurbishment work means maintenance, repair, replacement or renovation work carried out in respect of residential premises that return the residential premises to a reasonable condition (Fair Trading (Retirement Villages Code)

Regulations 2015 clause 22).

16.     This section will be required to be completed as of 1 July 2016.

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17.     Provided under the Fair Trading (Retirement Villages Interim Code) Regulations (No. 2) 2014 clause 5.5(1) or from 1 July 2016 provided under the Fair Trading (Retirement Villages Code) Regulations 2015 clause 19(1)(a).

18.     This section will be required to be completed as of 1 July 2016.

19.     The total balance of the reserve fund(s) to be stated refers to the accounts available in the last financial year, as set out in the Fair Trading (Retirement Villages Code) Regulations 2015 clause 19(1)(b).

20.     Communal amenities may be varied by resident consent via a special resolution of residents (Retirement Villages Regulations 1992 regulation 7C Table item 4).

21.     Communal services may be varied by resident consent via a special resolution of residents (Retirement Villages Regulations 1992 regulation 7E Table item 3).

22.     See footnote 20.

23.     See footnote 20.

Annexures

Annexure A Plan of the village indicating the location of
residents’, visitors’, and caravan and/or boat parking.
Annexure B Table containing examples of estimated refund
entitlement based on residents permanently vacating
after 1, 2, 5 and 10 years.
Annexure C Village operating budget for the current financial year.
Annexure D Current communal services funded through recurrent
charges or a levy.
Annexure E Current personal services and their fees.
Annexure F Relevant contract clauses or residence rules clauses
that apply to restrictions or conditions of use of
residential premises and personal and community
amenities.
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ESTIMATING REFUND ENTITLEMENTS

(Annexure B: Tables A and B)

INSTRUCTIONS FOR COMPLETING EXAMPLES OF

ESTIMATED REFUND ENTITLEMENTS IN ANNEXURE B

1.      In Table A estimates must be provided based on an initial premium where the resident has no entitlement to an increase in value over the full period.

2.      In Table B estimates must be based on an assumed refund entitlement to an increase in the value of the residential premises of 2% per annum over the full period.

3.      Each column must be completed using the estimate for a typical residential premise of the type to be leased or purchased by the prospective resident.

4.      If a particular amount is not payable a nil amount may be inserted.

Annexure B

Table A

ESTIMATED REFUND ENTITLEMENT*

(Based on an initial premium where the resident has no

entitlement to an increase in value of the residential premises)

Initial premium paid by At end At end At end At end
prospective resident is:  of of of of
$.................  1 year 2 years 5 years 10 years
Value of initial premium  $......... $......... $......... $.........
Deductions by the  At end At end At end At end
administering  of of of of
body  1 year 2 years 5 years 10 years
Exit fees (based on the fees  $......... $......... $......... $.........
referenced under item 7A)  $......... $......... $......... $.........
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Reserve fund (based on the $......... $......... $......... $.........
fees referenced at item 7D) $........ $........ $........ $........
Refurbishment costs (based
on current average and
estimated ……….% increase
per year) $......... $......... $......... $.........
Re-lease/sales and marketing
costs (based on current average
and estimated …….....%
increase per year) $......... $......... $......... $.........
Settlement, legal and

administrative costs (based on current average and estimated ……….% increase per year)

$.........

$.........

$.........

$.........

Management and administration
fees (based on ……….………) $......... $......... $......... $.........
Any other fees and charges
[explain]……………………....
................................................ $......... $......... $......... $.........
TOTAL DEDUCTIONS $......... $......... $......... $.........
TOTAL ESTIMATED
REFUND ENTITLEMENT $......... $......... $......... $.........

*Note for Table A:

The values used in this example are for illustrative purposes only and do not guarantee a specific entitlement to a refund. Additional deductions may apply for amounts that may be payable for matters such as council rates, water, utilities and unpaid recurrent charges (if any).

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Annexure B

Table B

ESTIMATED REFUND ENTITLEMENT*

(Based on an assumed entitlement to a refund on an increase in the value of the residential premises of 2% per annum over the

full period)

Initial premium paid by At end At end At end At end
prospective resident is:  of of of of
$...............  1 year 2 years 5 years 10 years
Value of premium (based on an 
increase in the value of the initial
premium of 2% per annum)  $........ $........ $........ $........
Deductions by the  At end At end At end At end
administering body  of of of of
1 year 2 years 5 years 10 years

Exit fees (based on the fees

referenced under item 7A) $........ $........ $........ $........
Reserve fund (based on the fees
referenced at item 7D) $........ $........ $........ $........

Refurbishment costs (based on current average and estimated ……….% increase per year)

$........

$........

$........

$........

Re-lease/sales and marketing
costs (based on current average
and estimated ……....% increase
per year) $........ $........ $........ $........
Settlement, legal and

administrative costs (based on current average and estimated ……….% increase per year)

$........

$........

$........

$........

Management and administration
fees (based on ……….………) $........ $........ $........ $........
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Any other fees and charges

[explain] …………………….....

.................................................. $.......... $.......... $.......... $..........
TOTAL DEDUCTIONS $........... $........... $.......... $..........
TOTAL ESTIMATED $........... $........... $.......... $..........
REFUND ENTITLEMENT

*Note for Table B:

The value of residential premises in a retirement village will increase and decrease over time and be influenced by a range of circumstances including the national and international economy. The values used in this example are illustrative only and do not guarantee an entitlement to a specific refund amount. The 2% per annum increase

is an arbitrary figure chosen to enable comparison between villages. Additional

deductions may also apply.

Form 1A

Retirement Villages Act 1992

[r. 4(b)]

Information statement for prospective resident — short-term

residence contract

Under the Retirement Villages Act 1992 section 13(2) the owner of residential premises in a retirement village is required to provide the following information to a person at least 10 working days before that person enters into a residence contract.

THE OWNER MUST ANSWER EACH OF THE FOLLOWING

QUESTIONS IN WRITING BELOW EACH QUESTION —

Declaration by the owner

I [name]: ........................................................................................................... of [address]: . .................................................................................................... being the owner, or a person authorised to act on behalf of the owner of

...........................................................................................................................
[retirement village], certify that the information contained herein is to the
best of my knowledge correct.

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........................................................ .....................................................
[Signature] [Date]

Important notice to prospective resident

Before signing a residence contract it is important that you:

understand the enclosed information and its implications;
read all the terms of the contract;
seek independent legal advice, particularly if unsure about any details in
the contract;
understand the legal basis of occupancy (e.g. a person who signs a lease
does not own the premises);
understand the financial commitments involved, and in particular entry
fees, ongoing costs and exit fees;
consider whether you have had satisfactory responses to any questions
you ask;
consider whether communal living in a retirement village is right for you.

Disclosure statement for prospective resident

The owner, or a person authorised to act on behalf of the owner, must complete all sections of this disclosure statement in writing.

1.      Retirement Village

A
Name of the retirement village Name: ................................................
B
Address of the retirement Address: ............................................
village ...........................................................
C Has this village commenced

operation?

 Yes  No

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D In which year was this village Construction of the first stage was
first constructed? completed in …………… [year].
Construction of subsequent [Insert stage number(s) and year(s)
completed stages. of completion]
...........................................................
...........................................................
If the construction of the [Insert stage number(s) and
village is still to be completed, estimated date(s) for completion]
provide estimated completion
dates for each stage still to be ...........................................................
constructed: ...........................................................
E Aged care facility
Is there an aged care facility
adjacent to the village?  Yes  No

Important notice to prospective residents: The administering body cannot guarantee a resident a place in an aged care facility. To enter an aged care facility, a resident must be assessed as eligible through an aged care assessment in accordance with the Aged Care Act 1997 (Commonwealth).

2.      Owner administering body/management of the retirement village

A
Owner:  Name: ................................................
Details of the owner of the  ABN: .................................................
land on which the retirement
village facilities are located  Address: ............................................
(individual/company/  ...........................................................
organisation):  Tel. number(s): .................................
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B Administering body: Name: ................................................
If the village is administered
ABN:  .................................................
by a person or entity other than
the owner of the land, the Address: ............................................
details of that ...........................................................
individual/company/
organisation. Tel. number(s): .................................
Management representative: If yes, provide details of when the
manager is available onsite and
Is there a management how the manager can be contacted
representative available to when not onsite including before,
residents? during and after working hours:
 Yes ...........................................................
 Located onsite at the ...........................................................

village

...........................................................

 Located offsite ...........................................................
 No Name: ................................................
Address: ............................................
...........................................................
Tel. number(s): .................................
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3.      Nature of residential premises (specific to the prospective resident)

A
The type of residential Tick the type of residential premises
premises is:  the prospective resident proposes to
occupy:

 Bedsitter

 One-bedroom

 Two-bedroom

 Three-bedroom

Other [specify type]
...................................................
B The term of occupancy: Tick the box that applies:
12 months
Less than 12 months [state

term] .........................................

With [tick the box that applies, if any] 1:

an option to renew or vary the residence contract on the same terms

an option to move to a
periodic tenancy on the same
terms at the end of the fixed
period
an option to move to a new
fixed term tenancy on the
same terms at the end of the
term
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4.

Parking amenities (specific to prospective resident’s proposed residential premises) visitors’ parking and parking for trailers, boats and caravans

A This section provides
information about the garage
and parking facilities that will
be provided with the resident’s
individual residential premises,
along with details of parking
for visitors, trailers, boats and
caravans.
Will the prospective resident If no, what are the parking
have a reserved garage and/or arrangements:
parking bay within the village? ...........................................................
 Yes ...........................................................
 No ...........................................................
Is there an additional amount If yes, provide a brief explanation:
payable to the premium or
through recurrent charges to ...........................................................
access garage or parking ...........................................................
facilities? ...........................................................
 Yes ...........................................................
 No
Is there visitors parking If yes, provide a brief explanation
available in the village? how much visitors parking is
available:
 Yes ...........................................................
 No ...........................................................
...........................................................
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Is there trailer, boat and If yes, provide a brief explanation:
caravan parking available for
the prospective resident to ...........................................................
use? ...........................................................
 Yes (subject to ...........................................................
availability) ...........................................................

 No

Is there an additional amount If yes, provide a brief explanation:
payable for parking a
trailer/boat/caravan? ...........................................................
...........................................................
 Yes ...........................................................
 No ...........................................................
Are there any other If yes, provide a brief explanation:
arrangements in place for the
parking of vehicles, caravans ...........................................................
or boats? ...........................................................
 Yes ...........................................................
 No ...........................................................

At Annexure A provide a plan of the village indicating the location of residents’, visitors’, and caravan

and/or boat parking.
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5.      Ongoing amounts payable to the operator during occupation 2 (specific to the prospective resident and the residential premises that the resident has expressed interest in)

A
To live in the Tick each box that applies:
village, the
Recurrent charges 3 per

prospective resident

[week/fortnight/month] $ ....................

will be required to

pay the following Reserve fund 4 charge per
amounts: 
[week/fortnight/month]  $ ....................
Tick whether the  Any other charges 5 per
amounts apply to
[week/fortnight/month]  $...................
 single  [specify other charges]
occupant ………………………… $...................
 couple ……………………....... $ ..................
not dependent ……………………....... $ ..................
Total amount payable
on
[week/fortnight/month] $..................
single/couple
occupancy

NB: The amount

may vary each financial year depending on operating
expenses.

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B Other amounts 6 Tick each box that applies:
relating to the
Contents insurance [see also item 12]
residential premises
that are currently
Council rates (not applicable to all
additional charges retirement villages 7)
payable by the
resident:  Other council charges 8
Water rates
Utilities (electricity and gas)
.....................................................................
.....................................................................
.....................................................................
.....................................................................
Is the resident If yes, briefly explain the resident’s
responsible for responsibilities including whether the resident
repairs and is to organise the repairs and pay for the
maintenance to the repair:
residential premises
during their .............................................................................
occupation of the .............................................................................
premises? .............................................................................
 Yes .............................................................................
 No .............................................................................
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6.      Village operating funds 9

A
What amounts are Annexure C contains a copy of the
allocated in the village’s village’s operating budget for the current
operating budget for the financial year.
current financial year?
B
Did the village have an Tick the box that applies:
operating surplus/deficit
The village operating surplus in the

in the last financial year

for which a financial last financial year was: $................
statement 10 has been The village operating deficit in the
provided to residents? last financial year was: $................
 Yes Comment on any specific surplus/deficit
 No budget arrangements:
.....................................................................
.....................................................................
.....................................................................
.....................................................................

7.      Payment and repayment of an amount paid on entry

A
Is the resident required If yes, state the amount 11: $.................
to pay an amount to the
administering body in If no, move to item 8.
consideration for or in
contemplation of
admission as a resident
in the retirement
village?

 Yes  No

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B Is the resident entitled to At Annexure B complete the Table of a
be repaid the amount 12 resident’s estimated entitlements based on
paid by the resident in resident permanently vacating after
consideration for or in one year.
contemplation of
admission as a resident
in the retirement
village?

 Yes  No

Are there any amounts If yes, list the expenses and if known, the
that may be deducted amounts:
from the amount paid on
entry after permanently Expenses Amounts
vacating the residential
premises?
 Yes
 No
C When is the .....................................................................
administering body
required to pay the .....................................................................
resident? .....................................................................
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8. Insurance
A Does the administering Tick the box that applies:

body pass on the costs

of insurance cover for If yes, insurance costs are paid via:
the retirement village
Recurrent charges
(listed at item 8C) to
resident?  A separate levy
Yes
No
B Are residents If yes, provide details of the types of
responsible for insurance residents are responsible for
arranging any insurance arranging:
cover for the residential
premises that they .....................................................................
occupy? .....................................................................
Yes .....................................................................
.....................................................................
No
C The retirement village is currently insured as follows:
Type of Maximum Period of Excess
insurance amount of coverage payable in
insurance event of a
cover claim

Public liability

Workers

compensation

Building
(including
refurbishment)

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Other
[specify type]

9.      Communal amenities

The following communal amenities 13 are available for all residents to use.

Tick each box that applies:

Club house/Social Swimming pool  Library
Centre
 indoor
Computer station
Separate amenities
 outdoor  Place for worship
 Activities or  heated  Medical

games

consultation room

 not heated

 Arts and crafts

 Spa  Shop
 Billiards Hair salon

 indoor

 Gym Beauty salon
 Men’s  outdoor
Village bus
shed/workshop  heated
Other [specify
Bowling green  not heated details]
Tennis court BBQ area ...............................
outdoors
...............................
 Restaurant ...............................
Dining room
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10. Communal and personal services
A This section provides At Annexure D is a list of communal
information about the services currently provided or made
communal services 14 available in the village (one per line). The
provided or made services listed at items 11 and 12 do not
available to all residents have to be included in Annexure D.
in the village:  If communal services are not provided,
make a statement to the effect that the
administering body does not provide or
make available any communal services in
the village.
B This section provides At Annexure E is a list of personal
information about the services currently provided or made
personal services that available in the village and the current
are currently provided or fees charged for each service (one per
made available to line).
residents on an If personal services are not provided,
individual basis: make a statement to the effect that the
administering body does not provide or
make available any personal services in
the village.

11. Security

A Does the village have If yes, the security arrangements include:
security arrangements in
Security alarm
place for the communal
areas 15 of the village?
Locked gates
 Yes  CCTV
 No
Security guard on site
[If no, move to
item 12A]  Other [specify details]

.............................................................

.............................................................

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r. 14

B Is there any monitoring If yes, specify details and frequency of
of the security monitoring:
arrangements listed
above? .....................................................................
.....................................................................
 Yes .....................................................................
 No .....................................................................
12. Emergency system
A Does the village have an If yes, provide details of the emergency
emergency call system call system, including the name of the
operating in the current provider:
village 16? .....................................................................
 Yes .....................................................................
 No .....................................................................
[If no, move to .....................................................................
item 13A]
B If yes, provide details of
Recurrent charges
the emergency call
system, including the  Additional cost per
name of the current [week/fortnight/month] $..............
provider.
C The emergency call 24 hours/7 days per week
system is currently
…….. am and …….. pm
monitored between:
[number] ........ days per week
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13. Resident restrictions
A Are there any Tick each box that applies:

restrictions on the use of

Having someone else live with the

residential premises or

personal and community resident?
amenities in regard to:  Having a carer live with the
resident?
Allowing a spouse or de facto
partner to continue living in the
village on the death of a resident?
Having visitors, including short-stay
guests?
Allowing a house sitter to stay in a
resident’s absence?
Keeping pets?

14. Accreditation

A Is the village currently If yes or pending, which scheme is the
accredited? retirement village accredited under or
proposed to be accredited under?
 Yes Provide the name of the retirement village
 No accreditation scheme and key details
including the year in which the village
 Pending was last assessed against the
[If no, move to accreditation criteria and accredited:
item 15A] .....................................................................
.....................................................................
.....................................................................
.....................................................................
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r. 14

B Do residents currently If yes, specify the percentage of the
contribute to the expenses incurred for accreditation that
expenses incurred for residents have contributed or will
accreditation via a contribute towards accreditation:
recurrent charge? [number] ……. % of accreditation
 Yes expenses is paid by residents
 No Approximate amount per
residence per year is:  $...............
15.  Residents’ committee
Does the village If the village does not have a residents’
currently have a committee, explain how residents may
residents’ committee communicate with management:
established under the
Retirement Villages .....................................................................
Act 1992? .....................................................................
 Yes .....................................................................
 No .....................................................................
[If no, move to .....................................................................
item 16A] .....................................................................

Is the function of the residents’ committee currently vested in an incorporated

association?

 Yes  No

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16. Resident consultation
A What arrangements Provide details of resident consultation:

currently exist for a

resident to be consulted .....................................................................
in relation to the .....................................................................
administration of the .....................................................................
retirement village,
including the making of .....................................................................
residence rules and .....................................................................
charging for the village
operating costs that are .....................................................................
payable by the resident? .....................................................................
.....................................................................

17.    Waiting list

A Does the village
currently have a waiting
list?
 Yes
No
If yes, is there a waiting If so, how much is charged?
list fee?
Waiting list fee $................

 Yes  No

[If no, move to
item 18A]

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r. 14

B Is the waiting list fee
refundable:
on entry to the  Yes

village?

No

 if the resident

decides not to  Yes
No
move into the
village?

18.      Planning and development

A
Are there any plans for Yes
development in the
No

village expected to
commence in the next

18 months?

Has planning permission Yes [insert date of application]
been sought for the
.............................................................
development?

 No

 Pending

Has planning permission Yes [insert date of grant]
been granted for the
.............................................................
development?

 No
 Pending

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B If yes or pending, briefly describe the plans for development:

................................................................................................................
................................................................................................................
................................................................................................................

................................................................................................................

C

Do residents have access  Yes
the development in the  No
village expected to
commence in the next
18 months?

to documents relating to

D

Do residents have access  Yes
the development in the  No
village?

to documents relating to

Notes for Form 1A:

1.       It is recommended that the residents, at least one month prior to the end of the term, ask the administering body what is proposed at the end of the fixed term.

2.       Note that recurrent charges are ongoing costs that may increase annually.

3. recurrent chargeRetirement Villages Act 1992

The term , under the administering body of a retirement village on a recurrent basis. The recurrent charges referred to above do not include a reserve fund charge which is listed as a separate charge.

4.       A reserve fund may also be referred to as a sinking fund. Residents may be required to pay ongoing reserve fund charges for maintenance work, as referred to in item 5A.

5.       For example “short-term rental payment” where this amount is payable separately to other recurrent charges.

6.       This item identifies those amounts that the resident is directly responsible for paying to a third party that is independent of the administering body. That is, they are amounts paid in addition to any recurrent charge contributions for

operating expenses. For example, if the administering body pays the council
rates and water rates and recovers the expenses incurred through recurrent
23 March 2016 GOVERNMENT GAZETTE, WA 923
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r. 14

charge contributions towards operating expenses then the tick boxes for
“council rates” and “water rates” would not be ticked in item 5B.

7.       For example retirement villages operated by a not-for-profit operator may not be subject to council rates.

8.       For example charges for rubbish collection or an emergency service levy that apply independently of council rates.

9.       This section will be required to be completed as of 1 July 2016.

10.     Provided under the Fair Trading (Retirement Villages Interim Code) Regulations (No. 2) 2014 clause 5.5(1) or from 1 July 2016 provided under the Fair Trading (Retirement Villages Code) Regulations 2015 clause 19(1)(a).

11.     Total amount must be $1 500 or less.

12.     For example a security bond.

13.     Communal amenities may be varied by resident consent via a special resolution of residents (Retirement Villages Regulations 1992 regulation 7C Table item 4).

14.     Communal services may be varied by resident consent via a special resolution of residents (Retirement Villages Regulations 1992 regulation 7E Table item 3).

15.     See footnote 9.

16.     See footnote 9.

Annexures

Annexure A Plan of the village indicating the location of
residents’, visitors’, and caravan and/or boat parking.
Annexure B Table of estimated refund entitlement based on
resident permanently vacating after one year.
Annexure C Village operating budget for the current financial year.
Annexure D Current communal services funded through recurrent
charges or a levy.
Annexure E Current personal services and their fees.
Annexure F Relevant contract clauses or residence rules clauses
that apply to restrictions or conditions of use of
residential premises and personal and community
amenities.
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Annexure B

ESTIMATED REFUND ENTITLEMENT* (Based on an initial amount paid that is less than or equal

to $1 500)

INSTRUCTIONS FOR COMPLETING ESTIMATED REFUND

ENTITLEMENT IN ANNEXURE B.

In the Table estimates must be provided based on an initial amount of
$1 500 or less payable to secure admission as a resident of the

retirement village for a period of 12 months or less.

Initial amount paid by prospective resident is: At the end of one
$.............................  year
Deductions by the administering body At the end of one
year
Fees and charges [explain] 
.................................................................................. $ .............................
.................................................................................. $ .............................
.................................................................................. $ .............................
.................................................................................. $ .............................
.................................................................................. $ .............................
.................................................................................. $ .............................
.................................................................................. $ .............................
TOTAL ESTIMATED REFUND 
ENTITLEMENT  $ .............................

*Notes for this Table:

1.       The values used in this example are for illustrative purposes only and should not be interpreted as guaranteeing a specific entitlement to a refund.

2.       Additional deductions may apply for amounts that may be payable for matters such as council rates, water, utilities and unpaid recurrent charges (if any).

K. H. ANDREWS, Clerk of the Executive Council.

PERTH, WEDNESDAY, 23 MARCH 2016 No. 48 SPECIAL

PUBLISHED BY AUTHORITY JOHN A. STRIJK, GOVERNMENT PRINTER AT 12.00 NOON

© STATE OF WESTERN AUSTRALIA

Retirement Villages Act 1992

Retirement Villages Amendment

Regulations 2016

Made by the Governor in Executive Council.

1.             Citation

These regulations are the Retirement Villages Amendment
Regulations 2016.

2.             Commencement

These regulations come into operation as follows —

(a) regulations 1 and 2 — on the day on which these regulations are published in the Gazette;
(b) the rest of the regulations — on 1 April 2016.

3.             Regulations amended

These regulations amend the Retirement Villages
Regulations 1992.

4.             Regulation 4A amended

In regulation 4A insert in alphabetical order:

related body corporate has the meaning given in the Corporations Act 2001 (Commonwealth) section 9;

short-term residence contract means a residence

contract that —

(a) has a term of 12 months or less; and
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