QLDIn ForceRegulation
Retirement Villages Regulation 2018
sch.5B-sec.8Income of maintenance reserve fund
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### sch.5B-sec.8 Income of maintenance reserve fund
The statement must have a section for the income of the fund that—
lists, as separate line items, each type of income; and
states the total of the maintenance reserve fund contributions paid by—
residents; and
former residents under section 104 (2) or (3) of the Act ; and
states the total of the maintenance reserve fund contributions paid by the scheme operator under—
section 104 (3) of the Act ; and
section 105 (1) of the Act ; and
states the total income of the fund.
- (a) lists, as separate line items, each type of income; and
- (b) states the total of the maintenance reserve fund contributions paid by— (i) residents; and (ii) former residents under section 104 (2) or (3) of the Act ; and
- (i) residents; and
- (ii) former residents under section 104 (2) or (3) of the Act ; and
- (c) states the total of the maintenance reserve fund contributions paid by the scheme operator under— (i) section 104 (3) of the Act ; and (ii) section 105 (1) of the Act ; and
- (i) section 104 (3) of the Act ; and
- (ii) section 105 (1) of the Act ; and
- (d) states the total income of the fund.
- (i) residents; and
- (ii) former residents under section 104 (2) or (3) of the Act ; and
- (i) section 104 (3) of the Act ; and
- (ii) section 105 (1) of the Act ; and