Retirement Villages Act 1999 (Qld)

Retirement Villages Act 1999

An Act to provide for the establishment and operation of retirement villages, and for other purposes

Part 1 Preliminary

Division 1 Introduction

1 Short title This Act may be cited as the Retirement Villages Act 1999.

2 Commencement This Act commences on a day to be fixed by proclamation.

Division 2 Objects of Act and relationship with FTI Act

3 Objects (1) The main objects of this Act are— (a) to promote consumer protection and fair trading practices in operating retirement villages and in supplying services to residents by— (i) declaring particular rights and obligations of residents and scheme operators; and (ii) facilitating the disclosure of information to prospective residents of a retirement village to ensure the rights and obligations of the residents and scheme operator may be easily understood; and (b) to encourage the continued growth and viability of the retirement village industry in the State. (2) The following are also objects of this Act— (a) to maintain public confidence in the retirement village industry by enhancing— (i) the financial transparency of the operations of retirement villages; and (ii) the accountability of scheme operators; (b) to encourage the adoption of best practice standards by the retirement village industry; (c) to provide a clear regulatory framework to ensure certainty for the retirement village industry in planning for future expansion; (d) to facilitate participation by residents, who want to be involved, in the affairs of retirement villages; (e) to provide for processes for resolving disputes between residents and scheme operators.

3A Relationship with Fair Trading Inspectors Act 2014 (1) The Fair Trading Inspectors Act 2014 (the FTI Act) enacts common provisions for this Act and particular other Acts about fair trading. (2) Unless this Act otherwise provides in relation to the FTI Act, the powers that an inspector has under that Act are in addition to and do not limit any powers the inspector may have under this Act. (3) In this section— inspector means a person who holds office under the FTI Act as an inspector for this Act. Note— See also the modifying provision for this Act stated in the FTI Act, section 8.