(1) In this section
—
relevant information , in relation to a person,
means information as to the application of section 76 to the person.
(2) A person —
(a)
whose employment or engagement is in any way, whether directly or indirectly,
concerned in the administration of a retirement village; and
(b) who
becomes a person to whom section 76 applies because of the occurrence, after
that employment or engagement has commenced, of a bankruptcy, conviction,
disqualification, winding up or other matter relevant to that section,
must give relevant
information to the person by whom he or she is employed or engaged within 14
days after that occurrence.
Penalty for this subsection: a fine of $20 000.
(3) A person must not
give relevant information that is false or misleading to a person who employs
or engages, or who proposes to employ or engage, him or her if the employment
or engagement is or is to be in any way, whether directly or indirectly,
concerned in the administration of a retirement village.
Penalty for this subsection: a fine of $20 000.
[Section 77B inserted: No. 36 of 2012 s. 17;
amended: No. 42 of 2024 s. 50.]