6Objects of Act

6 Objects of Act The objects of this Act are to— (a) set out particular rights and obligations of residents and operators of retirement villages; and (b) facilitate the disclosure of information to prospective residents of retirement villages; and (c) require contracts between residents and operators of retirement villages to contain full details of the rights and obligations of the parties; and (d) facilitate participation by residents, who want to be involved, in the management of retirement villages; and (e) establish appropriate mechanisms for resolving certain disputes between residents and operators of retirement villages; and (f) encourage the retirement village industry to adopt best practice management standards.