NSWIn ForceRegulation
Retirement Villages Regulation 2025
40Holding of capital works fund—the Act, s 99(3)
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40 Holding of capital works fund—the Act, s 99(3)
40 Holding of capital works fund—the Act, s 99(3)
If the operator of a retirement village is a property trust or other corporation constituted by an Act, money in the capital works fund for the village may be held in a fund administered by the property trust or corporation.