New South Wales Consolidated Acts

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RETIREMENT VILLAGES ACT 1999 - SECT 93

Obligations of operator with respect to certain capital maintenance or replacement

93 Obligations of operator with respect to certain capital maintenance or replacement

(1) The operator of a retirement village is to maintain each item of capital for which the operator is responsible in a reasonable condition having regard to the following--
(a) the age of the item,
(b) the prospective life of the item,
(c) the money paid to the operator by the residents under a village contract (including ingoing contributions).
(2) If it is not practical to maintain an item of capital in accordance with this section, the operator may replace the item.
(3) The operator of a retirement village must carry out the maintenance of, or replace, an item of capital for which the operator is responsible within a reasonable time after becoming aware of the need for the maintenance or replacement of the item.



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