Frontline Care Solutions

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    If you’re an RV in South Australia - GET READY!

    Skye McLachlan - 21-Apr-2016

    If you’re an RV in South Australia – GET READY!

    The old Retirement Villages Act 1987 is about to be replaced with a new and improved Act, with a new Bill recently being presented to the South Australian Parliament. This could mean major changes for the Retirement Village sector.

    The Bill contains 4 main elements:

    •  - The introduction of a statutory repayment period of 18 months if a residence is not relicensed;
    •  - The ability for the resident to continue to live in the residence while it is being relicensed;
    •  - A disclosure template that shows residents clearly what the fees and charges are payable in different Retirement Villages; and
    •  - Clarifies financial arrangements for transitioning into Residential Aged Care.

    With over 500 registered Retirement Villages in South Australia, these significant changes will be welcomed by residents, their families, Retirement Village operators and their employees.



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