Lifestyle Communities appeals VCAT deferred management fee rulings
Lifestyle Communities Limited (ASX: LIC) announced on September 5, 2025, that it has lodged applications for leave to appeal decisions made by president Woodward of VCAT on July 25 concerning deferred management fee-related orders. The appeal pertains to five specific cases.
The appeal papers have been filed with the Supreme Court of Victoria, specifically in the Court of Appeal. The company has stated that the timeline for the determination of these applications is currently unknown, but it anticipates the process will take approximately 6-12 months to conclude.
For further information, investors can contact Darren Rowland, chief financial officer and joint company secretary, at (03) 9682 2249 or investor.relations@lifestylecommunities.com.au. Media inquiries can be directed to Max Hewett of Patterson Advisory at 0432 332 215 or mhewett@pattersonadvisory.com.au.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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