Queensland Numbered Acts

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JUSTICE (FAIR TRADING) LEGISLATION AMENDMENT ACT 2008 No. 69 - SECT 76

76 Insertion of new s 88AA

After section 88A--

insert--

'(1) The chief executive may require an applicant for the registration of a retirement village scheme to pay the reasonable, but no more than actual, costs of obtaining a report under section 88A about the applicant.

'(2) The chief executive must refund to the applicant an amount paid under the requirement if--

(a) the chief executive refuses the application without asking for the report; or
(b) the applicant withdraws the application before the chief executive asks for the report.

'(3) In this section--

applicant includes proposed applicant.'.



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