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Retirement Villages Regulation 2018
sch.5B-sec.21Liabilities
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### sch.5B-sec.21 Liabilities
The statement of assets and liabilities must have a section showing the liabilities of the retirement village as at the end of the financial year.
Without limiting subsection (1) , the section must state, for each liability that is a loan, the reason for the loan.
(sch.5B-sec.21-ssec.1) The statement of assets and liabilities must have a section showing the liabilities of the retirement village as at the end of the financial year.
(sch.5B-sec.21-ssec.2) Without limiting subsection (1) , the section must state, for each liability that is a loan, the reason for the loan.