Act Review Summary

The table below shows the key components of the review we are undertaking.

Each component has some important sub-components which are described in detail in the Discussion Paper.

Have a read through the Discussion Paper and the questions and get involved!

Retirement Villages Act key component Sub-components within each topic

1. Before moving into a village


Disclosure statement

Information to be provided before a person can sign a residence contract

Disclosure period before signing a contract

Cooling-off period

Repayment of an in-going contribution if a resident cools-off

Premises condition report

Purchasing residences off the plan

Settling-in period

2. Matters relating to living in a village

Financial matters:

  • Increases in recurrent charges
  • Breakdown of expenditure items in a village’s budget
  • Breakdown of expenditure items in audited statements

Process for an increase in recurrent charges:

  • Residents paying increased fees before the annual meeting

Consultation with a residents’ committee

Other financial requirements – surplus and deficit policy

Proceedings at meetings of residents:

  • Voting
  • One vote per residence
  • Special resolution definition
  • Minutes of meetings

Consultation with residents:

  • Residents’ committees
  • Consultation with all residents
  • Residents’ committees
  • Consultation with all residents


  • Dispute resolution policy
  • Disputes – SACAT process

Lease of land in a retirement village

Rental tenants in retirement villages

Health and safety:

  • Code of Conduct
  • Emergency procedures

3. Leaving a village

Termination of a resident’s right to reside in a retirement village

Notice to vacate but remain in occupation

Remarketing of a residence:

  • Remarketing policy
  • Resident participation in remarketing

Refurbishment or reinstatement of a residence:

  • Vacated premises report
  • Refurbishment or renovation of a residence

Leaving a retirement village to enter aged care

Payment of recurrent charges for six months after vacating a village

Payment of exit entitlement:

  • Payment of an exit entitlement after 18 months
  • Information about where an exit entitlement is to be paid

Exit fees

4. Miscellaneous/other issues

Endorsement of certificates of title

Villages with multiple sites

Definitions in the Act

The requirement for an ingoing contribution

Abandoned goods


Terminating a retirement village scheme

Enforcement of legislation

Home care services in retirement villages

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Consultation has concluded

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