Queensland Consolidated Regulations

RETIREMENT VILLAGES REGULATION 2018 - REG 16B

16B Requirements for maintenance reserve fund budget—Act, s 113AA

(1) This section prescribes, for section 113AA (1) (b) and (2) of the Act , the form of, and the information that must be included in, a maintenance reserve fund budget.

(2) A maintenance reserve fund budget must include—

(a) a statement for the financial year that complies with schedule 5A , part 2 ; and

(b) the disclosure notes mentioned in schedule 5A , sections 18 and 19 ; and

(c) a scheme operator report for the financial year with the disclosure notes mentioned in schedule 5A , section 20 .

Note—

See also section 16H .