New South Wales Consolidated Acts

RETIREMENT VILLAGES ACT 1999 - SECT 39

39 Operator to give residents and prospective residents copies of village contracts

(1) As soon as is reasonably practicable (and no later than 14 days) after entering into a village contract, the operator of the retirement village concerned must ensure that the other party to the contract has a copy of the contract that is signed by the operator.

: Maximum penalty--50 penalty units.

(2) If a resident or a prospective resident of a retirement village signs a village contract and gives it to the operator before the contract is entered into, the operator must give the resident or prospective resident a copy of the contract signed by the resident or prospective resident as soon as is reasonably practicable (and no later than 14 days) after receiving it.

: Maximum penalty--50 penalty units.

(3) If a residence contract is in the form of a lease that is to be registered under the Real Property Act 1900 , the operator must--

(a) lodge the lease for registration within one month after the lease is given to the operator in registrable form, and

(b) provide the resident with a copy of the fully-executed lease within 14 days after the lease is returned to the operator following its registration.

: Maximum penalty--50 penalty units.