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The current Regulation will expire on 1 September 2025. Remaking the Regulation allows the NSW Government to consider feedback on how to improve, modernise and streamline the current laws.
The proposed Retirement Villages Regulation 2025 (proposed Regulation) makes significant changes to the asset management plan requirements for retirement villages. The updates aim to improve transparency for residents and reduce unnecessary administrative work for operators.
Your feedback will help to ensure retirement village laws balance the rights of residents and support operators.
Have your say by 12 March 2025. See the background and changes here.