(1) A caravan park mortgagee may give a resident a notice to vacate a site if the caravan park mortgagee becomes entitled to possession of, or to exercise a power of sale in respect of, the caravan park under a mortgage.
(2) The notice must specify a termination date that is—
(a) not less than 90 days after the date on which the notice is given if the mortgage was given before the resident obtained a residency right; or
(b) not less than 6 months after the date on which the notice is given if the mortgage was given after the resident obtained a residency right.
S. 206AZG inserted by No. 45/2018 s. 238 (as amended by No. 1/2021 s. 96).