Retirement Villages Act 2003

Retirement Commissioner and statutory supervisors - Statutory supervisors

44: Public statement by statutory supervisor

You could also call this:

"When a supervisor shares information about a retirement village's safety and management"

Illustration for Retirement Villages Act 2003

The Registrar can let a statutory supervisor make a public statement about a retirement village. This can be about the village's money, how safe residents' interests are, or how the village is managed. You might see this happen if the Registrar and supervisor think it will help residents or people who want to live in the village.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM220890.

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Part 3Retirement Commissioner and statutory supervisors
Statutory supervisors

44Public statement by statutory supervisor

  1. The Registrar may authorise a statutory supervisor to make a public statement concerning the financial position, security of the interests of residents, or management of the retirement village if the Registrar and the statutory supervisor believe it is in the interests of residents or potential or intending residents to do so.