New South Wales Consolidated Acts
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RETIREMENT VILLAGES ACT 1999 - SECT 89
Receivers and managers
89 Receivers and managers
(1) If a receiver, or a receiver and manager, is appointed in respect of an
operator of a retirement village, the person so appointed must (subject to the
terms of the appointment) comply with the operator's obligations under this
Act as if that person were the operator.
(2) The terms and conditions of
appointment of a receiver, or a receiver and manager, may exempt the appointee
from the requirement to comply with such obligations of the operator as are
specified or described in the order of appointment.
(3) This section does not
apply to the extent that it is inconsistent with the Corporations Act 2001 of
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