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RETIREMENT VILLAGES ACT 1999 - SECT 71
Enforcing residence contract
71 Enforcing residence contract
(1) A residence contract is enforceable against the following persons for the
recovery of all or part of the exit entitlement— (a) a person who is a party
to the contract;
(b) a person who is not a party to the contract but who,
when the contract was entered into— (i) was the scheme operator for the
retirement village to which the contract relates; or
(ii) owned the
retirement village land;
(c) a person who is not a party to the contract but
who, when the contract is to be enforced— (i) is the scheme operator; or
(ii) owns the retirement village land.
(2) For the purpose of enforcing a
contract against a person mentioned in subsection (1) (b) or (c) , the person
is taken to be the scheme operator under the contract.
(3) A court may make
an order under this section against a person mentioned in subsection (1) (b)
only if the court is satisfied— (a) an order against a person mentioned in
subsection (1) (a) or (c) would be ineffectual; and
(b) in the particular
circumstances, it is just to make the order.
(4) Subsection (1) (b) (ii) and
(1) (c) (ii) are subject to section 72 .
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