Legal framework report 2021


In June 2021 the CFFC released a report and recommendations following public consultation on a white paper studying the effects of the complex legal framework governing the retirement village sector.

The CFFC received nearly 3300 submissions. While most were from individuals and the Retirement Village Residents’ Association, others came from operators and other stakeholders including lawyers, supervisors, and consumer advocates.

The report concluded that retirement village legislation was at risk of becoming outdated and unfit for purpose, requiring urgent review to eliminate unfair terms in contracts and better protect the rights of consumers.