22Questions at annual management meeting—the Act, s 72B

22 Questions at annual management meeting—the Act, s 72B

22 Questions at annual management meeting—the Act, s 72B

(1) For the Act, section 72B(3)(b), the following are excluded matters—

(a) the personal affairs of the operator, an employee of the operator or a contractor engaged by the operator,

(b) a matter that is unrelated to the operation of the village,

(c) the sale of individual units in the retirement village,

(d) contracts that are not publicly available,

(e) if the operator of a retirement village is an organisation subject to a registered APP code or the Australian Privacy Principles under the Privacy Act 1988 of the Commonwealth—a matter that would result in the operator breaching the code or the principles.

(2) Subsection (1)(a) does not prevent an operator or a representative of the operator from answering a question about the operator’s solvency or financial viability.