VCAT order for failure to pay exit entitlement
32N VCAT order for failure to pay exit entitlement
If a person does not pay an exit entitlement or part of an exit entitlement within the time required by section 32I, the vacating resident may apply to VCAT for an order under subsection (2).
On application under subsection (1), VCAT—
may order that the person pay the exit entitlement or part; and
may order that the person pay interest on the unpaid amount, calculated—
as from the time at which the amount was required to be paid under section 32I; and
as at the rate for the time being fixed under section 2 of the Penalty Interest Rates Act 1983; and
may make any other necessary ancillary orders.
S. 32O inserted by No. 19/2025 s. 34.
This Act’s bill:Second reading speech
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