Retirement Villages Act 2012
29Copies of certain documents to be made available
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29 Copies of certain documents to be made available (1) The operator of a retirement village must make available at the village or a place of business in the ACT, for inspection at all reasonable times by a prospective resident, copies of the following: (a) a site plan for the village; (b) plans showing the location, floor plan and significant dimensions of residential premises available in the village; (c) the proposed annual budgets (if any) and the approved annual budgets for— (i) each of the last 3 financial years of the village; and (ii) the current financial year; and (iii) the next financial year (if budgets in relation to that year are available); (d) the accounts of the village, audited if required under division 7.5 (Annual accounts), for the last 3 financial years (excluding, during the first 4 months of a financial year, the immediately preceding financial year if the accounts for that year are not available); (e) examples of all village contracts that an incoming resident may be required to enter into; (f) the trust deed for any trust fund into which money paid by the residents is deposited; (g) the village rules; (h) the terms of the development approval, if any, for the village, if— (i) construction of the village is not complete; or
(ii) it is a condition of the development approval that a particular service or facility be provided for the life of the (i) if there is a capital works fund established for the village— statements of the balance in the fund as at the end of— (i) each of the last 3 financial years of the village; and (ii) the most recent quarter; (j) if the operator is required to provide the residents with quarterly accounts—the most recent quarterly accounts of the income and expenditure of the village; (k) any other documents relating to the village, and to retirement villages generally, prescribed by regulation. Note Section 258 prohibits the operator of a retirement village from charging for making a document mentioned in s (1) available. (3) If the village has been in operation for 3 years or less, the documents mentioned in subsection (1) (c), (d) and (i) must relate to each financial year that the village has been in operation.