Retirement Villages Act 2012
247Priority of interests
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247 Priority of interests For an order under this part, interests in the land the subject of the order must be satisfied in the following order: (a) the costs of the sale of the land and the applicant’s costs in seeking the order; (b) any interest, mortgage, lien or other charge on or over the land created or registered before the creation of a charge under this part, or otherwise taking priority over a charge over the land that has been created under this part; (c) any entitlement of a resident or former occupant of the retirement village arising from a village contract in relation to which a charge over the land has been created under this part and registered under the Land Titles Act 1925; (d) any other entitlement of a resident or former occupant of the retirement village arising from a village contract in relation to which a charge over the land has been created under this part; (e) any interest, mortgage, lien or other charge on or over the land created or registered after the creation of a charge over the land under this part; (f) the interest of the registered proprietor of the land immediately before the sale of the land.