216Payment of departure fee

216 Payment of departure fee (1) A departure fee is payable by a former occupant of residential premises in a retirement village to the operator of the village. (2) The departure fee is payable out of the former occupant’s ingoing contribution. (3) However, if the former occupant is, or was, a registered interest holder in relation to the residential premises, the departure fee is payable out of the proceeds of the sale of the residential premises. (4) A departure fee must be deducted from the amount of the refund of the ingoing contribution, or the proceeds of the sale, payable to the former occupant as stated in the former occupant’s village contract.