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Release of Standard Form NSW Retirement Village Contract – Have Your Say

On 29 March 2012 NSW Fair Trading Minister Anthony Roberts released the much anticipated draft standard form retirement village contract for public consultation.

The standard form contract will be mandatory and operators must use the standard form for all new village contracts entered into after the standard form contract comes into effect.

The consultation draft closely mirrors the terms of the Retirement Villages Act 1999 (NSW) and appears user friendly. More…