7Disclosure statement—Act, s 24 (3)

7 Disclosure statement—Act, s 24 (3) (1) The disclosure statement must include the following information about the retirement village to which it relates: (a) details of particular residential premises in the retirement village, including fees and charges payable in relation to the premises; (b) the proximity of the village to services, for example, hospitals, shopping centres and public transport; (c) information about whether the operator is a registered provider of a residential care home; (d) a statement of how the services of the retirement village differ from those of a residential care home;

Part 3 Representations and information about retirement villages Section 7 page 6 Retirement Villages Regulation 2013 Effective: 01/11/25 R12 01/11/25 Authorised by the ACT Parliamentary Counsel—also accessible at www.legislation.act.gov.au (e) details about the ownership of the village, including whether a resident can own residential premises in the village; (f) if a village contract for the retirement village includes provisions for sharing a capital gain between the operator and a resident— details of the provisions; (g) information about the management of the village; (h) whether the village has a residents committee and, if so, information about the committee; (i) the financial management of the village, including details about the village’s income and expenditure; (j) information about the village’s safety, including information about its security and emergency systems; (k) the extent to which the operator has complied with legislation applying to the village, including the Act and the Planning Act 2023; (l) village contracts the prospective resident will need to enter into to become a resident; (m) the village rules; (n) the facilities available to residents; (o) services provided by the operator; (p) costs associated with entering into a residence contract with the operator; (q) a statement that a former occupant of residential premises in the village is not liable to refurbish (or pay the cost of refurbishment of) the premises; (r) if the operator has a policy about access by residents to home care services—details of the policy;

Representations and information about retirement villages Part 3 Section 8 R12 01/11/25 Retirement Villages Regulation 2013 Effective: 01/11/25 page 7 Authorised by the ACT Parliamentary Counsel—also accessible at www.legislation.act.gov.au (s) information about any waiting list for the village and any waiting list fee payable; (t) a statement to the effect that, to the best of the operator’s knowledge, the information in the disclosure statement is true. (2) The disclosure statement must be signed and dated by the operator. (3) In this section: refurbishment—see the Act, section 218.