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

Older man waiting at the beach

New Start Date for Aged Care Act 2024: What You Need to Know

19 Jun 2025

Although any political backflip is viewed unfavourably, there is broad bipartisan consensus that thi ...

View
step-by-step.jpg

Uncertainty in the Transition to Support at Home

12 May 2025

The disarray caused by the slow, staged and incomplete release of draft Rules supporting the Aged Ca ...

View
RK Aged Care Team

Be Ready for the Aged Care Act 2024 - Updated Documents Coming Soon

14 Mar 2025

With the Aged Care Act 2024 set to commence on 1 July 2025, we have been working on updating our too ...

View