Other matters arising from appointment of statutory manager
75F Other matters arising from appointment of statutory manager
In this section —
appointed means appointed by an order under section 75B.
The operator of a retirement village must not, during the period of a statutory manager’s appointment, perform any of the operator’s functions that the statutory manager is appointed to perform.
Penalty for this subsection: a fine of $20 000.
Subject to any terms and conditions to which the appointment is subject, a statutory manager must perform any function of the operator that the statutory manager is appointed to perform in accordance with any residence contract, service contract or other contract, agreement or arrangement —
to which the operator is a party; and
that relates to the performance of that function.
Any act or thing done, in good faith, by or with the consent of a statutory manager in the performance of any function of the operator that the statutory manager is appointed to perform is valid and effectual for the purposes of this Act.
A statutory manager must, in accordance with the regulations, provide the prescribed persons with the prescribed written information about the performance of any function of the operator that the statutory manager is appointed to perform.
[Section 75F inserted: No. 36 of 2012 s. 16; amended: No. 42 of 2024 s. 48(1) and 50.]
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