155
In forceACAT orders—refund of recurrent charges
Part 7Financial management of retirement villages
Division 7.3Recurrent charges
155 ACAT orders—refund of recurrent charges
(1)
A resident of a retirement village may apply to the ACAT for an order directing the refund of overpaid recurrent charges on any grounds, including the ground that an increase in the charges came into effect otherwise than in accordance with this division.
(2)
An application must be lodged not later than 12 months after the day the increase in the charges came into effect.
(3)
The ACAT may make an order directing a refund of overpaid recurrent charges.
This Act’s bill:Explanatory statementSecond reading speech
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