Aged Care 2 - Insights - banner 1900 x 500

Disclosure Requirements Update: Retirement Living

Rosemary Southgate

Retirement Living Operators should note that the Director of Consumer Affairs Victoria (CAV) has released the updated form of Factsheets which must be used from 1 March 2018.

The new form of Factsheets include an additional note to a resident who is considering moving into a retirement village that the resident should review the “Guide to Choosing Living in a Retirement Village” produced by CAV and that the Guide is available on the CAV website. The updated Factsheets have been issued in response to one of the recommendations made by the Legal and Social Issues Committee in its Inquiry into the Retirement Housing Sector released in March 2017.

Operators should continue to use the current forms of Factsheet until 28 February 2018, and adopt the new forms of Factsheet from 1 March 2018. The new forms of Factsheet are available on the website.

If you require any further information please contact Rosemary Southgate on 03 9609 1579 or one of our Retirement Living team.

If you'd like to stay up to date with Russell Kennedy's insights, please sign up here.

 

View related insights

Compliance document signing 540x360

Deadline Approaching: Operations Reporting due by 31 October 2024

29 Oct 2024

Time running out to complete mandatory Operations Reporting due 31 October!

View
Are you raising your fees soon_Alert_23May

Home care providers: Are you raising your fees soon? Read this first!

23 May 2024

With the commencement of the Support at Home Program being deferred until 1 July 2025 many home care ...

View
aged-care-agreement-540x360

The proposed new Aged Care Act: how will it apply to retirement villages?

18 Apr 2024

The exposure draft for the Aged Care Bill 2023 was published on 14 December 2023. We refer to our pr ...

View