New South Wales Consolidated Acts

RETIREMENT VILLAGES ACT 1999 - SECT 182AE

182AE Secretary may extend period before exit entitlement order may be made

(1) The Secretary may, on application by an operator of a retirement village, approve a period longer than the period prescribed for the purposes of paragraph (a) of the definition of
"prescribed period" in section 182AB(9).

(2) An application is to be made in a form approved by the Secretary.

(3) The operator must give written notice to the former occupant of residential premises to whom the application relates within 7 days of making the application.

: Maximum penalty--100 penalty units for a corporation or 50 penalty units for an individual.

(4) The Secretary may approve a longer period only if satisfied by the operator that the operator has not unreasonably delayed the sale of the residential premises to which the application relates.

(5) In determining whether or not to approve a longer period, the Secretary must take into account submissions made to the Secretary by the former occupant, if any.

(6) If the Secretary approves a longer period, the Secretary must, as soon as reasonably practicable, notify the former occupant of the longer period.

(7) An operator may not make an application under this section for the same residential premises more than once in a 12 month period.