Operator to pay certain recurrent charges

Current

(1)

The operator of a retirement village must pay, in relation to new residential premises in the village, an amount equal to the recurrent charges for general services payable under a village contract in relation to comparable (or the most nearly comparable) residential premises in the village.

(2)

In this section:

new residential premises means residential premises that have not and have never been the subject of a village contract.

This Act’s bill:Explanatory statement Second reading speech

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147 Operator to pay certain recurrent charges