30Notice of fixed formula amendment—Act, s 149 (2) (c)

30 Notice of fixed formula amendment—Act, s 149 (2) (c) A notice of amendment of recurrent charges must include the following: (a) the name of the resident and address of the residential premises affected;

Financial management Part 6 Recurrent charges Division 6.2 Section 32 R12 01/11/25 Retirement Villages Regulation 2013 Effective: 01/11/25 page 21 Authorised by the ACT Parliamentary Counsel—also accessible at www.legislation.act.gov.au (b) the following statement as the first line of the notice in at least Arial bold font not less than 14 point: ‘This is a notice of an amendment of recurrent charges according to a fixed formula.’; (c) the fixed formula stated in the contract and a demonstration, by an application of the formula, of the way the new recurrent charges have been calculated; (d) the signature of the operator of the retirement village and the date of the signature.