The Retirement Villages Bill 2016 completed its passage through the Parliamentary process in November, and is now the Retirement Villages Act 2016 (the new Act). The new Act is the result of over three years’ significant consultation, and successfully balances increased consumer protection with the interests of operators across the diversity of retirement village operations. The Act is available at www.legislation.sa.gov.au.
Regulations are the next important step in ensuring the Retirement Villages Act 2016 fulfils its intended objectives. The Office for the Ageing is seeking feedback on draft Regulations to support the new Act.
Consultation will allow people to have a say on the finer details of the new Act and how it is to be implemented. Feedback will help inform the final Regulations which will be presented to Parliament. Feedback is particularly being sought on:
- the format of a standard disclosure statement
- rules for residents’ committees
- changes to requirements for remarketing of retirement village residences
- the introduction of a code of conduct in retirement villages.
Everyone with an interest in retirement villages is urged to provide their considered response.
To view the draft Regulations and provide your feedback, go to the ‘Get involved’ page.
Upcoming key dates
Wed, 24 May 2017 at 5:00 PM