It is a requirement for retirement villages to have a Statutory Supervisor.
Alandale's Statutory Supervisor is Covenant Trustee Services Limited ("Covenant"). They are an independent statutory supervisor. It is their job to keep an eye on how our village is being run.
Their authority to act comes from the Retirement Villages Act 2003 ("Act"). That Act requires, with a few exceptions, that every retirement village must be registered and that the operator of a retirement village must appoint a statutory supervisor.
They are well equipped to be Alandale's statutory supervisor. They perform the role of statutory supervisor for around half of New Zealand's registered retirement villages and have been supervising retirement villages for more than 28 years.