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Interim Code of Practice for Retirement Villages (No. 2) 2019
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Interim Code of Practice for Retirement Villages (No. 2) 2019

What is the RV Code? The retirement village industry in WA will be familiar with predecessors to the ‘new’ RV Code. Except for the title, the RV Code is in fact the same as the interim code of practice before it (and several before that) – with the immediate predecessor expiring on 30 September 2019. The RV Code is prescribed under the Fair Trading Act 2010 (WA). In short, it ...

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Retirement Village Consultation – Understanding the Obligation
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Retirement Village Consultation – Understanding the Obligation

The administering body of a retirement village has an obligation to establish appropriate procedures for consulting with residents on various matters under the Fair Trading (Retirement Villages Interim Code) Regulations (No. 2) 2018 (“RV Code”). These matters include: the future planning and budgeting of the retirement village and any other proposed change to the operating financial arrangements ...

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A Legal Analysis of the Similarities and Differences Between Retirement Villages and Strata Titles in WA
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A Legal Analysis of the Similarities and Differences Between Retirement Villages and Strata Titles in WA

  This discussion comes about because (legal definitions aside for the moment) to many ageing persons and/or their family, at its most basic level a retirement community might be little more than: a community of retired people; , accommodated within a complex that is: appropriately-designed; and , managed in a way appropriate to the needs of its residents. , ...

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New Interim Code of Practice for Retirement Villages (No. 2) 2018

The retirement village industry in WA will be aware that a code of practice is prescribed in respect of retirement villages from time to time. Although the existence of such a code is expressly recognised in the Retirement Villages Act 1992 (WA), it is in fact prescribed under the Fair Trading Act 2010 (WA). Until 30 September 2018, retirement villages were operating under the Interim Code of Fair Practice for Retirement Villages 2018....

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Consumer Protection announces review of retirement village contracts

Acting Commissioner for Consumer Protection David Hillyard advised that the investigation will examine various contracts offered by retirement village operators to see if they breach the "unfair contract terms" provisions of the Australian Consumer Law (ACL). One focus of the investigation will be the 'deferred management fees' or 'deferred residency fees' often payable when a resident vacates their unit....

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