26
CurrentEntering into village contract less than 14 days after giving disclosure statement
Part 3Representations and information about retirement villages
26 Entering into village contract less than 14 days after giving disclosure statement
(1)
The operator of a retirement village commits an offence if the operator—
(a)
gives a prospective resident of the retirement village a disclosure statement in relation to the village; and
(b)
enters into a village contract with the prospective resident less than 14 days after giving the prospective resident the disclosure statement.
Maximum penalty: 50 penalty units.
(2)
An offence against this section is a strict liability offence.
This Act’s bill:Explanatory statementSecond reading speech
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