Offences by persons involved in administration of retirement village
77B Offences by persons involved in administration of retirement village
In this section —
relevant information, in relation to a person, means information as to the application of section 76 to the person.
A person —
whose employment or engagement is in any way, whether directly or indirectly, concerned in the administration of a retirement village; and
who becomes a person to whom section 76 applies because of the occurrence, after that employment or engagement has commenced, of a bankruptcy, conviction, disqualification, winding up or other matter relevant to that section,
must give relevant information to the person by whom he or she is employed or engaged within 14 days after that occurrence.
Penalty for this subsection: a fine of $20 000.
A person must not give relevant information that is false or misleading to a person who employs or engages, or who proposes to employ or engage, him or her if the employment or engagement is or is to be in any way, whether directly or indirectly, concerned in the administration of a retirement village.
Penalty for this subsection: a fine of $20 000.
[Section 77B inserted: No. 36 of 2012 s. 17; amended: No. 42 of 2024 s. 50.]
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