Refunds
30 Refunds
S. 30(1) amended by No. 19/2025 s. 23(1).
A person who enters into a contract with a resident which purports to create in the resident a right to recover a repayable entry payment but which does not provide for the recovery of that payment from the proprietor is guilty of an offence.
- 50 penalty units.
S. 30(2) substituted by No. 19/2025 s. 23(2).
If a proprietor of a retirement village enters into a contract with a resident and the contract creates in the resident a right to recover from the proprietor a repayable entry payment, the contract is to be regarded as having been entered into by all the persons who subsequently become proprietors of the land.
If a resident has entered into a contract in respect of which there has been a contravention of subsection (1) the resident may rescind all residence contracts entered into by the resident and relating to the retirement village.
S. 31 amended by Nos 85/1998 s. 24(Sch. items 52.15, 52.16), 17/1999 s. 43(4), substituted by No. 32/2020 s. 16, amended by No. 19/2025 s. 24.
This Act’s bill:Second reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.