Webinar Replay
Click here to download a PDF copy of the presentation slides.
From 1 September 2021, retirement village operators must comply with the Retirement Villages Amendment (Asset Management Plans) Regulation 2021 (“the Regulation”).
In this webinar, our experienced retirement living team provided an update on the compliance requirements introduced by the Regulation and how they may impact retirement village operations. Our team provided practical insights into what operators can be doing now to manage and mitigate risks of non-compliance.
The topics covered in the session include:
- What an Asset Management Plan (“AMP”) is;
- How and when an AMP is to be prepared;
- What an AMP should include;
- Important dates and deadlines;
- The relationship between an AMP and recurrent charges and the village’s annual budget;
- What the Asset Register should include;
- Major items of Capital; and
- Independent assessments of AMP’s.
This webinar was presented by Sylvia Mansour, Donna Rayner, and Rosemary Southgate. Rohan Harris hosted and facilitated this session.
How we can help
For more information on anything covered in this webinar please contact Sylvia Mansour, Donna Rayner, or Rosemary Southgate, from our Retirement Living team.