New South Wales Consolidated Acts
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RETIREMENT VILLAGES ACT 1999 - SECT 110
Receipts for recurrent charges
(1) If payment of recurrent charges in a retirement village is made in person,
any person who receives the payment must, without delay, give to the person
making the payment a receipt for the payment.
: Maximum penalty--5 penalty
(2) If the payment is not made in person, the operator of the village
must, as soon as practicable after receipt of the payment, prepare or cause to
be prepared a receipt for the payment and make the receipt available for
collection by the resident concerned or give it to the resident.
penalty--5 penalty units.
(3) A receipt for payment of recurrent charges is
not a receipt for the purposes of this section unless it includes the
(a) the name of the operator,
(b) the name of the
resident paying the recurrent charges (or on whose behalf they are paid),
the address of the residential premises concerned,
(d) the period for which
the recurrent charge is paid,
(e) the date on which the payment is received,
(f) the amount of the payment.
(4) This section does not apply to
recurrent charges paid in accordance with an agreement between the resident
and the operator into an account at an authorised deposit-taking institution
nominated by the operator.
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