Western Australian Current Regulations

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RETIREMENT VILLAGES REGULATIONS 1992 - REG 7K

7K .         Financial matters not to be included in residence contract

        (1)         A residence contract must not include a provision that requires a resident, while the resident occupies the residential premises or on the resident’s permanent vacation of the residential premises, to contribute to the costs of all or part of any maintenance, repair, replacement or renovation of the residential premises that would exceed or be inconsistent with the requirements in relation to refurbishment work set out in the Code.

        (2)         A residence contract must not include a provision that requires a resident, either while the resident occupies the residential premises or on the resident’s permanent vacation of the residential premises, to pay for any damages to the residential premises caused by the carrying out of an alteration arranged by the administering body.

        (3)         A residence contract must not include a provision for an exit fee (including an exit fee that is payable as a contribution to a reserve fund established in relation to the retirement village) that is to be calculated by reference to a period of time to be calculated on any basis other than on a pro‑rata daily basis in respect of the applicable period of time.

        [Regulation 7K inserted: Gazette 24 Mar 2015 p. 1025‑6.]



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