There are two legal documents fundamental to the satisfactory operation of retirement villages:
This is the parent Act which sets out particular rights and obligations of residents and operators of retirement villages; to establish mechanisms for the resolution of certain disputes between residents and operators of retirement villages.
AND the associated regulation:
The Retirement Villages Regulation 2017 replacedthe Retirement Villages Regulation 2009 effective from 1 September 2017 and features numerous changes that were intended to improve the operation and administration of the Retirement Villages Act. The Regulation was developed by the Department of Finance, Services and Innovation in conjunction with key stakeholders, including RVRA.