New South Wales Consolidated Acts

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RETIREMENT VILLAGES ACT 1999 - SECT 103

Operator to pay certain recurrent charges

103 Operator to pay certain recurrent charges

(1) The operator of a retirement village must pay, in relation to any new residential premises in the village, an amount equivalent to the recurrent charges for general services payable under a village contract in respect of comparable (or the most nearly comparable) premises in the village.
(2) In this section,
"new residential premises" means residential premises that are not and have never been the subject of a village contract.



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