Queensland Consolidated Regulations

RETIREMENT VILLAGES REGULATION 2018

- Made under the Retirement Villages Act 1999
- As at 14 June 2024
- Reg 207 of 2018

TABLE OF PROVISIONS

   PART 1 - PRELIMINARY

   1.      Short title
   2.      Commencement
   3.      Definitions

   PART 2 - CONTENT OF PARTICULAR DOCUMENTS

   4.      Particulars for application for registration of a retirement village scheme—Act, s 27
   4A.     Matters to be stated in closure plan—Act, s 40C
   4B.     Matters to be stated in transition plan—Act, s 41E
   5.      Details for residence contract—Act, s 45
   6.      Information to be contained in village comparison document—Act, s 74
   7.      Information to be contained in prospective costs document—Act, s 75
   8.      Waiver given under Act, s 84
   8A.     Matters to be stated in redevelopment plan—Act, s 113E

   PART 3 - CONDITION REPORTS

           Division 1 - Entry condition reports

   9.      Application of division—Act, s 76
   10.     Completion of entry condition report
   11.     Content of entry condition report
   12.     Completion of inspection and report in prospective resident’s absence

           Division 2 - Exit condition reports

   13.     Application of division—Act, s 77
   14.     Completion of exit condition report
   15.     Content of exit condition report

   PART 4 - OPERATIONAL DOCUMENTS

   16.     Prescription of operational documents relating to operation of retirement village scheme—Act, s 85

   PART 4A - REQUIREMENTS FOR FINANCIAL DOCUMENTS

   16A.    Requirements for capital replacement fund budget—Act, s 113AA
   16B.    Requirements for maintenance reserve fund budget—Act, s 113AA
   16C.    Requirements for general services charge budget—Act, s 113AA
   16D.    Requirements for annual financial statements—Act, s 113AA
   16E.    Requirements for quarterly financial statements—Act, s 113AA
   16F.    Requirements for audit reports—Act, s 113AA
   16G.    Requirements for independent quantity surveyor’s written reports—Act, s 113AA
   16H.    Financial documents may include other information

   PART 4B - MISCELLANEOUS

   16I.    Redevelopment of a retirement village—Act, s 113C
   16J.    Declaration of exemption—Act, s 70D

   PART 5 - FEES

   17.     Fees

   PART 6 - REPEAL AND TRANSITIONAL PROVISIONS

           Division 1 - Repeal

   18.     Repeal

           Division 2 - Transitional provisions for Retirement Villages (Financial Documents) Amendment Regulation 2024

   19.     Application of ss 16A to 16C and 16H to fund budgets
   20.     Application of s 16D and 16H to annual financial statements
   21.     Application of s 16E and 16H to quarterly financial statements
   22.     Application of s 16F and 16H to audit reports
   23.     Application of s 16G and 16H to independent quantity surveyor’s written reports
   24.     Use of best estimates of corresponding amounts
           SCHEDULE 1
           SCHEDULE 1A
           SCHEDULE 1B
           SCHEDULE 2
           SCHEDULE 3
           SCHEDULE 4
           SCHEDULE 4A
           SCHEDULE 5
           SCHEDULE 5A
           SCHEDULE 5B
           SCHEDULE 5C
           SCHEDULE 5D
           SCHEDULE 6
           SCHEDULE 7