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Retirement Village

According to subsection 5M(3) of the VEA, premises constitute a retirement village if:

  • the premises are residential premises; and
  • accommodation in the premises is primarily intended for persons who are at least 55 years old; and
  • the premises consist of one or more of the following kinds of accommodation:
  • self-care units;
  • serviced units;
  • hostel units; and
  • the premises include communal facilities for use by occupants of the units referred to above.

 

 

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