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Retirement Villages Regulation 2025
67Exempt contracts—the Act, s 203(4)
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67 Exempt contracts—the Act, s 203(4)
67 Exempt contracts—the Act, s 203(4)
A village contract is exempt from the Act, section 152(2)(e) and Part 10AA if—
(a) the retirement village to which the contract applies is held in trust by a trustee, and
(b) the trustee holds each unit in the village in trust for the benefit of a resident.