South Australian Repealed Acts

This legislation has been repealed.

RETIREMENT VILLAGES ACT 1987 - SECT 33

33—Endorsement of certificates of title

        (1)         Where land is, or is to be, used as a retirement village, a note of that fact must be endorsed on the relevant certificates of title.

        (2)         The owner of any such land must apply to the Registrar-General for endorsement of the relevant certificates of title—

            (a)         if the retirement village was established before the commencement of this Act—within 3 months after the commencement of this Act;

            (b)         in any other case—before any person is admitted to occupation of a residence in accordance with the scheme.

Maximum penalty: $35 000.

        (3)         Before an application is made under subsection (2) , the owner must notify each person who holds a mortgage, charge or encumbrance over the land and, if the application relates to a retirement village that had not been established before the commencement of this Act, the application can only be made with the consent of each such person.

        (4)         The Registrar-General may cancel an endorsement made under this section if satisfied that no part of the land is still occupied under the scheme.