Legal Insights
Upcoming changes to the Retirement Villages Act 1986 (Vic)
A review has been conducted of the Retirement Villages Act 1986 (Vic) (Retirement Villages Act) based on community feedback that the current legislation does not provide adequate protection for retirement village residents. The new laws offer greater safeguards and regulation of many aspects of retirement villages and residence contracts for retirement villages. The changes are extensive, however we have detailed below some of the significant changes.