Report No. 13, 54th Parliament - Review of the Retirement Villages Act 1999

committee's Report

The Transport, Housing and Local Government Committee tabled Report No. 13: Review of the Retirement Villages Act 1999 on 29 November 2012. 

View:    Report
View:    Addendum to Report
View:    Interim Government Response

Referral

On Thursday, 2 August 2012 the Legislative Assembly agreed to a motion that the Transport, Housing and Local Government Committee undertake a review of the Retirement Villages Act 1999 and in undertaking this review, the committee should consider whether the Act:

  • provides adequate fair trading practice protections for residents; including providing appropriate material to enable informed decisions to be made;
  • does not include unnecessary restrictions and provisions which increase the affordability of living in a Retirement Village;
  • provides adequate certainty, accountability and transparency for residents in relation to their financial obligations, including the interests of residents in the event of a village closing down;
  • provides sufficient clarity and certainty in relation to the rights and obligations of residents and scheme operators;
  • should make provision for scheme operators to develop and adopt best practice standards in operating villages, or require operators to comply with mandatory standards or accreditation;
  • adequately promotes innovation and expansion in the retirement village industry, avoids purely ‘red tape’ requirements, and facilitates the ongoing viability of villages;
  • affords residents all reasonable opportunities to be involved, should they wish to be, in budgetary and other decisions affecting their financial obligations; and
  • adequately provides a timely, informal and cost-effective process for resolving disputes between residents and scheme operators.

timeline

Public Briefing       28 August 2012 - view transcript
Public Hearing       26 October 2012 - view transcript
Report tabled on:  29 November 2012

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