South Australian Repealed Acts

This legislation has been repealed.

RETIREMENT VILLAGES ACT 1987 - SECT 37

37—Certain persons not to be involved in the administration of a retirement village

        (1)         A person to whom this section applies may not be concerned in the administration or management of a retirement village.

Maximum penalty: $35 000.

        (2)         This section applies to—

            (a)         a person who is an insolvent under administration within the meaning of the Corporations Act 2001 of the Commonwealth; or

            (b)         a person who—

                  (i)         has during the preceding 5 years been convicted of an offence to the person or an offence involving fraud or dishonesty; or

                  (ii)         has served a sentence of imprisonment for an offence to the person or an offence involving fraud or dishonesty, being a sentence that ended during the preceding 5 years.