You want to know what this Act is for. It aims to protect people who live or want to live in retirement villages. It also helps retirement villages work under a clear legal system. This Act has several goals. It wants to help you understand your financial and living arrangements in a retirement village. It also sets up a system to monitor retirement villages and make sure they follow the rules. The Act gives some people, like the Registrar of Retirement Villages and the Retirement Commissioner, certain powers and jobs. It tries to keep costs low for retirement villages while still making sure they are safe and fair for residents. It also watches over how retirement villages work and makes sure residents' rights are protected. The Act is in place to make you feel secure and protected if you live in a retirement village. It helps you know what to expect and what your rights are. This can give you peace of mind if you are thinking about moving into a retirement village.