36Operator not to demand power of attorney

36 Operator not to demand power of attorney

(1)  The operator, or a close associate of the operator, of a retirement village must not require a resident or tenant, or prospective resident or tenant, of the retirement village to give the operator a power of attorney in favour of the operator or a person nominated by the operator.

Penalty:  Fine not exceeding 100 penalty units.

(2)  A power of attorney given in favour of an operator of a retirement village, or a person nominated by the operator, by a resident or tenant, or prospective resident or tenant, of the retirement village –

(a) if given before the commencement date, terminates on that commencement; and

(b) if given on or after the commencement date, is void.

(3)  This section has effect notwithstanding Part 4 of the Powers of Attorney Act 2000 .