South Australian Current Acts

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RETIREMENT VILLAGES ACT 2016 - SECT 24

24—Rights in relation to contract etc

        (1)         An operator of a retirement village must not, without the approval of the Minister—

            (a)         make a representation to a prospective resident that is inconsistent with information given to the prospective resident under this Division; or

            (b)         give information to a prospective resident under this Division that is inconsistent with a representation made by the operator to the prospective resident.

        (2)         For the purposes of subsection (1), a representation made by an employee or agent of an operator will be taken to be a representation of the operator unless the operator proves that the person was not acting in the course of his or her employment or agency.

        (3)         Subject to subsection (4), a prospective resident is entitled to rescind the residence contract (to "cool-off") at any time within the period of 10 business days after the day on which the prospective resident signed the contract.

        (4)         If the prospective resident

            (a)         enters into occupation of the residence before the end of the period referred to in subsection (3); and

            (b)         signs a written waiver acknowledging that the operator has informed them of the entitlement to cool-off and they have chosen to waive that entitlement,

the prospective resident will be taken to have waived the entitlement to cool-off.

        (5)         A contract is rescinded under this section by written notice to the operator.

        (6)         A residence contract may be enforced against the operator for the time being of the retirement village.



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