35
CurrentRepayment of waiting list fees—prospective resident does not enter village contract
Part 4Entry into retirement villages
35 Repayment of waiting list fees—prospective resident does not enter village contract
(1)
This section applies if—
(a)
a waiting list fee for a retirement village was paid by or on behalf of a prospective resident; and
(b)
the prospective resident does not later enter into a village contract in relation to the retirement village.
(2)
The operator of the retirement village must refund the waiting list fee to the person who paid the fee within 14 days after the day the operator receives a written request from the person.
This Act’s bill:Explanatory statementSecond reading speech
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