This legislation has been repealed.
Appendix 1 — Checklist for prospective resident
It is important for you to carefully read and consider the following
questions before deciding to enter any retirement village. If, after reading
through the list, you are uncertain as to any aspects of the village, or its
suitability for you, seek further advice.
1. Have I fully discussed my decision to enter a retirement village with my
family, friends or adviser?
2. Can I afford to move into the village I have chosen and meet the current
and future ongoing costs of living in this village? What are the financial
consequences for me if I wish to move out of the village? Have I sought
independent advice from a licensed financial adviser on these matters?
3. If I am considering moving to a retirement village because the
housework, gardening and general maintenance has become too much, have I fully
considered other options? For example, obtaining home help or handyperson help,
or moving to a smaller unit in the same neighbourhood.
4. If I am considering moving to a retirement village because I have
recently lost my partner, have I given myself enough time to grieve before I
make a major lifestyle change?
5. Have I received adequate information about the retirement village I have
chosen? Have I shown the documents to a solicitor? Am I satisfied that I fully
understand the contract that I am signing?
6. Am I comfortable that the lifestyle of the village (including social
activities and religion) will suit me? Have I spoken to any residents of the
village?
7. Will the village and my unit be readily accessible if I become disabled
and need a wheelchair or walking aid? What alternatives do I have if I am no
longer able to live alone?
8. Does the village provide personal care or nursing care, an emergency
call system and other amenities that are likely to meet my present or future
needs?
9. Have I looked at a number of villages to compare the amenities (e.g.
recreational, transport, gardens etc.) and financial arrangements?
10. Is the village I have chosen accessible to my friends and
family?
11. Can I take my own furniture to the village and, if so, will it be
suitable?
12. Before I sign the contract, have I received and considered all the
information required to be given to me under the Code of Fair Practice for
Retirement Villages 2003 and the Retirement Villages
Act 1992?
Appendix 2 — Model proposed operating budget form
[cl. 5.3(4)]
..................................................
(insert name of village)
PROPOSED BUDGET FOR ..............(insert next
year)
|
BUDGET
(insert current year) |
ACTUAL
(insert current year) |
PROPOSED BUDGET .................. (insert next year) |
||
---|---|---|---|---|---|
INCOME |
|||||
Residents’ fees |
|
|
|
||
Donations |
|
|
|
||
Other (insert as appropriate) |
|
|
|
||
TOTAL INCOME |
|
|
|
||
|
|||||
EXPENDITURE |
|||||
Amenities: |
|||||
Council rates |
|
|
|
||
Insurance |
|
|
|
||
Pest control |
|
|
|
||
Rubbish removal |
|
|
|
||
Village security |
|
|
|
||
Utilities: |
|||||
Water rates |
|
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||
Electricity |
|
|
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||
Gas |
|
|
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||
Repairs & Maintenance: |
|||||
Staff costs |
|
|
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||
Materials |
|
|
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||
Contractors |
|
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||
Grounds Maintenance: |
|||||
Staff costs |
|
|
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||
Materials |
|
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||
Contractors |
|
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||
Management & Administration: |
|||||
Staff costs |
|
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||
Management fees |
|
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Bank fees |
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||
Accounting fees |
|
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||
Audit fees |
|
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||
Advertising |
|
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||
Printing & stationery |
|
|
|
||
Telephone |
|
|
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||
Miscellaneous |
|
|
|
||
Vehicles: |
|||||
Registration |
|
|
|
||
Insurance |
|
|
|
||
Repairs |
|
|
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||
Fuel |
|
|
|
||
TOTAL EXPENDITURE |
|
|
|
||
|
|||||
PROPOSED SURPLUS/DEFICIT |
|
|
|
EXPENDITURE THAT IS AN APPORTIONMENT OF TOTAL EXPENDITURE RELATING TO
THE VILLAGE AND ANOTHER VILLAGE OR BUSINESS: (delete if not
applicable)
The amount of $ ........... (specify)in respect of
..................... (specify the nature of the expenditure)is an
apportionment of the total expenditure relating to
................................................... (specify the other
village or business concerned)and was apportioned according to the
following method/calculation (delete whichever is not
applicable) —
.....................................................................................................................
.....................................................................................................................
.....................................................................................................................
(specify the method or calculation used to apportion the
expenditure)
Appendix 3 — Model quarterly income and expenditure statement
[cl. 5.4(2)]
..................................................(insert
name of village)
INCOME AND EXPENDITURE STATEMENT FOR
QUARTER ENDED ................. (insert date)
|
QUARTER |
YEAR-TO- |
ANNUAL BUDGET |
---|---|---|---|
INCOME |
|||
Residents’ fees |
|
|
|
Donations |
|
|
|
Other (insert as appropriate) |
|
|
|
TOTAL INCOME |
|
|
|
|
|||
EXPENDITURE |
|||
Amenities: |
|||
Council rates |
|
|
|
Insurance |
|
|
|
Pest control |
|
|
|
Rubbish removal |
|
|
|
Village security |
|
|
|
Utilities: |
|||
Water rates |
|
|
|
Electricity |
|
|
|
Gas |
|
|
|
Repairs & Maintenance: |
|||
Staff costs |
|
|
|
Materials |
|
|
|
Contractors |
|
|
|
Grounds Maintenance: |
|||
Staff costs |
|
|
|
Materials |
|
|
|
Contractors |
|
|
|
Management & Administration: |
|||
Staff costs |
|
|
|
Management fees |
|
|
|
Bank fees |
|
|
|
Accounting fees |
|
|
|
Audit fees |
|
|
|
Advertising |
|
|
|
Printing & stationery |
|
|
|
Telephone |
|
|
|
Miscellaneous |
|
|
|
Vehicles: |
|||
Registration |
|
|
|
Insurance |
|
|
|
Repairs |
|
|
|
Fuel |
|
|
|
TOTAL EXPENDITURE |
|
|
|
|
|||
SURPLUS/DEFICIT |
|
|
|
Appendix 4 — Model reserve fund quarterly income and expenditure statement
[cl. 5.4(2)]
..................................................
(insert name of village)
RESERVE FUND INCOME AND EXPENDITURE STATEMENT
FOR QUARTER ENDED ................. (insert date)
|
BALANCE |
|
|
OPENING BALANCE (as at ..................... (insert
date)) |
|
|
|
INCOME |
|
Residents’ contributions |
|
Interest |
|
Other (insert as appropriate) |
|
|
|
TOTAL INCOME |
|
Sub Total |
|
|
|
EXPENDITURE |
|
Units: |
|
Painting |
|
Plumbing |
|
Electrical |
|
Replacements |
|
Other (specify) |
|
|
|
Amenities: |
|
Painting |
|
Plumbing |
|
Electrical |
|
Replacements |
|
Other (specify) |
|
|
|
Infrastructure: |
|
Power |
|
Sewer |
|
Roads |
|
Landscaping |
|
Other (specify) |
|
|
|
TOTAL EXPENDITURE |
|
|
|
CLOSING BALANCE (as at .................. (insert
date)) |
|
Appendix 5 — Form of appointment of proxy
[cl. 5.12(7)]
I, ......................................................
(insert
name)
being a resident of / the personal representative of
............................................. , (insert name of
resident)
a resident of (delete whichever is not applicable)
........................................................
........................................................
........................................................
(insert
address in village)
appoint
........................................................
(insert name
of proxy holder)
of
........................................................
........................................................
........................................................
(insert
address of proxy holder)
as my proxy to vote on my behalf at the meeting of residents on
....................
(insert date of meeting)
I authorise my proxy to vote on my behalf in respect of (delete
whichever is not applicable) —
• All matters raised at the meeting that require, or provide for, a
vote of the residents, at my proxy’s discretion.
• The following matters only —
...............................................................................................................
...............................................................................................................
...............................................................................................................
...............................................................................................................
...............................................................................................................
(specify
the matters and any limitations on the manner in which you want
your proxy to vote)
.........................................................................................
Signature
of resident / resident’s personal representative
(delete whichever
is not applicable)
Signed this ............................. day of
......................................... 20 ..........
Notes:
1. A person who may be appointed as a proxy includes a spouse, another
resident, a relative, friend or other person, but no person may hold more than 5
proxies at the same time.
2. The Code does not allow a person who is a representative or close
associate of the administering body, or a person nominated by the administering
body, to hold or exercise a proxy on behalf of a resident, unless the resident
is a relative of such a person.
3. This appointment is effective only if this form is completed and given
to the chairperson of the meeting at which the proxy is to vote before any vote
is taken.
4. This form does not authorise voting on a matter if the person appointing
the proxy is present at the relevant meeting and personally votes on the
matter.
5. This appointment terminates after the meeting at which the proxy is
authorised to vote.
6. The person who made this appointment may, at any time prior to the
exercise of a proxy vote, revoke the appointment by giving written
notice to —
• the person appointed as the resident’s proxy; and
• the chairperson of the meeting at which the proxy was to
vote.
1 This is a compilation of the Fair Trading (Retirement
Villages Code) Regulations 2003. The following table contains
information about those regulations.
Citation |
Gazettal |
Commencement |
---|---|---|
Fair Trading (Retirement Villages Code)
Regulations 2003 |
9 Sep 2003 p. 3971-4033 |
1 Oct 2003 (see r. 2) |
These regulations were repealed by the
Fair Trading (Retirement Villages Code) Regulations 2006 r. 5 as at 1 Oct
2006 (see Gazette 22 Sep 2006 p. 4156) |