New Zealand Legislation: Acts

13 Annual return

• (1) An operator of a retirement village must ensure that there is delivered to the Registrar each year, for registration, during the month allocated to the retirement village for the purpose, an annual return for that village signed by the operator or by a solicitor or chartered accountant.

  (2) The annual return must be in the prescribed form and must contain the prescribed information for the prescribed period.

  (3) The annual return that is delivered for registration must be accompanied by—

  • (a) the certificate referred to in section 16; and

  • (b) a copy of the audited financial statements that the operator is required to prepare under the Financial Reporting Act 1993 (being statements that comply with that Act); and

  • (c) if the operator is not exempt, under section 41, from the requirement to appoint a statutory supervisor, a certificate signed by the statutory supervisor stating that—

    • (i) the operator has supplied to the supervisor a copy of the retirement village's audited financial statements (being statements that in the supervisor's opinion comply with the Financial Reporting Act 1993); and

    • (ii) the information contained in the annual return is, to the best of the supervisor's knowledge and belief, accurate; and

  • (d) the prescribed fee for filing an annual return or an application to pay that prescribed fee by arrangement.

  (4) The annual return must be dated as at a day within the month in which the return is required to be delivered to the Registrar, and the information required to be contained in it must be accurate as at that date.

  (5) Despite subsection (1), a retirement village need not make an annual return in the calendar year of its registration.

  Section 13(3)(b): substituted, on 15 December 2005, by section 4 of the Retirement Villages Amendment Act 2005 (2005 No 113).