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Home > Businesses > Specific businesses and industries > Retirement villages > Financial responsibilities
Financial responsibilities |
The village operator is responsible for managing village finances, including:
- budgeting
- establishing and maintaining compulsory funds
- preparing and issuing audited financial statements
- making capital improvements
- maintaining village facilities
- providing services.
Laws govern how operators manage village finances to treat operators and residents fairly, and protect their interests.
This section covers the finances you as an operator manage, and how you can comply with the Retirement Villages Act 1999, including:
Related links |
Retirement Villages Act 1999 (Office of the Queensland Parliamentary Counsel website) |
Last reviewed 07/12/2011 |
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