Definitions
56 Definitions
In this Part—
applicable contract means either of the following—
an applicable management contract;
an applicable residence contract;
applicable management contract means a management contract within the meaning of section 3 before the commencement day, being a management contract that is in force immediately before the commencement day;
applicable residence contract means a residence contract within the meaning of section 3 before the commencement day, being a residence contract that is in force immediately before the commencement day;
applicable residence right means a residence right within the meaning of section 3 before the commencement of Divisions 4 and 5 of Part 2 of the Retirement Villages Amendment Act 2025, being a residence right that is in force immediately before that commencement;
commencement day means the day on which section 4 of the Retirement Villages Amendment Act 2025 comes into operation;
new Part 4 means Part 4 of this Act as in force on and from the commencement of section 19 of the Retirement Villages Amendment Act 2025;
old Act means this Act as in force immediately before the commencement day;
pre-existing retirement village means a retirement village in existence immediately before the commencement day.
S. 57 inserted by No. 19/2025 s. 66.
This Act’s bill:Second reading speech
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