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58. From 1 December 2024, the Responsible entity for the Accor Vacation Club Pointed the Following apartments:
Mercure Gold Coast Apartment 7201 – 1 Bedroom, 179,200 points, Club Australia
Mercure Gold Coast Apartment 7202 – 1 Bedroom, 179,200 points, Club Australia
Mercure Gold Coast Apartment 7203 – 1 Studio, 121,200 points, Club Australia
Mercure Gold Coast Apartment 7204 – 1 Studio, 121,200 points, Club Australia
Mercure Gold Coast Apartment 7205 – 1 Bedroom, 179,200 points, Club Australia
Mercure Gold Coast Apartment 7206 – 1 Bedroom, 179,200 points, Club Australia
Date: 1 December 2024
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57. From 21 October 2024, the Responsible entity for the Accor Vacation Club Pointed the Following apartments:
Pepper’s Manly Beach Apartment 204 – 1 Bedroom Deluxe, 263,500 points, Club Australia
Pepper’s Manly Beach Apartment 209 – 1 Bedroom, 217,000 points, Club Australia
Pepper’s Manly Beach Apartment 304 – 1 Bedroom Deluxe, 263,500 points, Club Australia
Pepper’s Manly Beach Apartment 309 – 1 Bedroom, 217,000 points, Club Australia
Pepper’s Manly Beach Apartment 401 – 1 Bedroom Deluxe, 263,500 points, Club Australia
Pepper’s Manly Beach Apartment 406 – 1 Bedroom Deluxe, 263,500 points, Club Australia
Pepper’s Manly Beach Apartment 703 – 1 Bedroom, 217,000 points, Club Australia
Date: 21 October 2024
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56. Continuous Disclosure - 1 March 2024
Effective 1 March 2024, Travel and Leisure South Pacific Pty Ltd and Travel + Leisure International Pte Ltd (“Travel + Leisure”) completed its purchase of the shares in the companies which form the Accor Vacation Club group of companies – including A.P.V.C Limited, the responsible entity for Accor Vacation Club. Following this acquisition, Accor Vacation Club and the memberships, services, programs and products provided under the Accor Vacation Club brand are no longer owned, operated, developed, sold or otherwise by Accor SA or any of its affiliates. Travel + Leisure and the Accor Vacation Club will use the Accor Vacation Club trademark under a limited licence from Accor SA and its affiliates. Accor SA and its affiliates are not related to Travel + Leisure or the Accor Vacation Club and take no responsibility for any content, representations, warranties or claims with respect to Accor Vacation Club or any memberships, services, programs or products provided by Accor Vacation Club or Travel + Leisure (including regarding financial or credit products and services)
Date: 1 March 2024
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55. Continuous Disclosure
Today, AAPC Limited (Accor) entered into a share sale agreement with Travel and Leisure South Pacific Pty Ltd (Travel and Leisure South Pacific.) to sell its shares in the companies which form the Accor Vacation Club group of companies, including A.P.V.C Limited being the responsible entity for the Accor Vacation Club (Club). The effect of this is that Travel and Leisure South Pacific. will acquire Accor’s timeshare business, and A.P.V.C Ltd, A.P.V.C Nominees Pty Ltd in its capacity as nominee for Accor Resorts Management Pty Ltd (the Developer for the Club ) and APVC Holdings Pty Ltd (the provider of resort management, member and marketing services to the Club) will cease to be part of the Accor Group and will become part of the Travel + Leisure Co corporate group, of which Travel and Leisure South Pacific is a member. Travel + Leisure Co. is the world’s largest vacation ownership company with more than 245 vacation club resorts around the world and is listed on the New York Stock Exchange (TNL:NYSE).
The transaction is expected to complete on 1 March 2024. Travel + Leisure Co. will be granted a licence from Accor so that it will continue to operate under the name, Accor Vacation Club, for so long as the license continues. The existing rights and benefits Club Members will not change.
Date: 31 January 2024
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54. Product Disclosure Statement Dated 1 April 2023 (PDS)
Please note, the Club property known as and referred to in the PDS as 'The Sebel Sydney Manly Beach' will be named 'Peppers Manly Beach' effective from 17 August 2023 to reflect a change in brand. There are otherwise no changes to the property as set out in the PDS.
Date: 17 August 2023
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53. NSW Government and Sydney Metro Update
The NSW Government and Sydeny Metro are currently working to deliver the Sydney Metro West - a new underground metro railway between Parramatta and the Sydney CBD. A metro station is planned in the vicinity of The Sebel Darling Harbour The Pinnacle. As a result of the construction works, the hotel may be subject to significant disruption including noise, dust and access issues which may impact your stay. It is expected that the construction works will continue until at least late 2025 but likely longer. For up to date information on the program of works please visit www.sydneymetro.info, call the community information line on 1800 612 173 or email sydneymetro@transport.nsw.gov.au
Date: 21 September 2022
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52. Addendum to the Product Disclosure Statement 01 January 2020:
The Product Disclosure Statement, A.P.V.C Ltd dated 1 January 2020 refers to the principal place of business and for service in New Zealand of the Company as Minter Ellison Rudd Watts Limited, Lumley Centre, Level 20, 88 Shortland Street, Auckland, 1010, New Zealand (Minter Address).
As of 17 August 2020, the address of the principal place of business and for service in New Zealand is changed to, Accor, Level 8, 99 Queen Street, Auckland Central, Auckland, 1010, New Zealand (New Address).
Date: 18 August 2020
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51. Product Disclosure Statement dated 1 January 2020 (PDS)
Clause 8.3 – Compliance Plan
Please note that there is a typographical error contained in this clause 8.3. The Compliance Plan is dated 1 January 2020 and not 1 January 2019.
Date: 10 June 2020
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50. Change of Compliance Plan Auditor
On 06 January 2020, the responsible entity received notice of ASIC’s consent to the removal of Lee Ann Karen Dippenaar of WPIAS Pty Ltd as compliance plan auditor for the Accor Vacation Club. The incoming compliance plan auditor for the Accor Vacation Club will be Rita da Silva of Ernst & Young. The change in compliance plan auditor is to rotate compliance plan auditors from time to time.
Date: 7 January 2020
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49. From 23 September 2019, the Responsible Entity for the Accor Vacation Club will operate from the following address:
Physical Address
- Accor Vacation Club
- Mantra on View Building
- Ground Floor
- 22 View Avenue
- Surfers Paradise QLD 4217
Postal Address
- APVC Holdings Pty Ltd
- PO Box 1747
- Surfers Paradise QLD 4217
Date: 23 September 2019
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48. From 1 September 2018, the Responsible Entity for the Accor Vacation Club pointed the following apartments:
- The Mercure Gold Coast Apartment 7101 – one bedroom, 179,200 points, Club Australia
- The Mercure Gold Coast Apartment 7102 – one bedroom, 179,200 points, Club Australia
- The Mercure Gold Coast Apartment 7103 – studio, 121,200 points, Club Australia
- The Mercure Gold Coast Apartment 7104 – studio, 121,200 points, Club Australia
- The Mercure Gold Coast Apartment 7105 – one bedroom, 179,200 points, Club Australia
- The Mercure Gold Coast Apartment 7106 – one bedroom, 179,200 points, Club Australia
Date: 1 September 2018
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47. Product Disclosure Statement dated 1 January 2018 (PDS)
Clause 4.3 Personal Benefits and Première Plus Members is amended as follows:
Accor Vacation Club Cruises is deleted and replaced with the following:
Accor Vacation Club Travel
Accor Vacation Club Travel provides Première Plus Members the ability to transfer the Premiere Points to Discovery Dollars, and then use these towards tour packages, worldwide hotel stays, and cruises. Members can also earn additional Discovery Dollars when booking international and domestic flights, car hire or rounds of golf through Accor Vacation Club Travel.
Accor Vacation Club Travel is provided by a third party provider, Our Vacation Centre Pty Ltd in conjunction with I.C.E. Vacations Asia Pacific Pty Ltd. These companies entered into an Affiliate Agreement commencing on 22 March 2018 for a term of three years.
Date: 22 March 2018
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46. Product Disclosure Statement dated 1 January 2018 (PDS)
In relation to section 3.8 of the PDS, on and from 1 January 2018, the words “Interval weekly exchange fees – that is AUD$144 or NZD$154 for a domestic exchange, and AUD$214 or NZD$209 for an international exchange.” are deleted and replaced with “Interval weekly exchange fees – that is AUD$134 or NZD$144 for a domestic exchange, and AUD$204 or NZD$209 for an international exchange.”
Date: 1 January 2018
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45. On and from 17 November 2017, the following changes will apply to the Accor Vacation Club
Cleaning Credits
Traveller Membership cleaning credit will be increased by 2 cleans for each accommodation use per year for every 5,000 Premiere Points over 10,000 Premiere Points held and the Clean Credit entitlement of a Corporate Membership will be increased by 2 cleans for each accommodation use per year for every 5,000 Premiere Points over 20,000 Premiere Points held.
Booking Windows
Once the 7 night reservation booking windows (Full Week Period) for all levels of membership have opened (i.e. 10 months prior to the date of stay), a split week period stay may be reserved but only where the duration of the ‘split week period’ stay is equal to the total ‘gap’ between two existing bookings (this will be known as a Gap Booking).
Cancellation of Membership
A Membership may be cancelled following the death of the Member at the request of an entitled person, with no amount payable to the entitled person for such cancellation, if the Responsible Entity agrees to such request at its absolute discretion and subject to such terms and conditions as determined by the Responsible Entity from time to time.
Date: 21 November 2017
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44. From 5 November 2017, the Responsible Entity for the Accor Vacation Club pointed the following apartments:
- The Mercure Gold Coast Apartment 7302 – studio, 121,200 points, Club Australia
- The Mercure Gold Coast Apartment 7303 – studio, 121,200 points, Club Australia
- The Mercure Gold Coast Apartment 7301 – one bedroom, 179,200 points, Club Australia
- The Mercure Gold Coast Apartment 7304 – one bedroom, 179,200 points, Club Australia
- The Mercure Gold Coast Apartment 7305 – one bedroom, 179,200 points, Club Australia
Date: 5 November 2017
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43. From 1 October 2017, the Responsible Entity for the Accor Vacation Club pointed the following apartment:
The Sebel Melbourne Flinders Lane Apartment 609 – studio, 165,000 points, Club Australia
Date: 1 October 2017
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42. Change of Compliance Plan Auditor
On 4 July 2017, the responsible entity received notice of ASIC’s consent to the resignation of Reginald Lance Williams as compliance plan auditor for the Accor Vacation Club. The incoming compliance plan auditor for the Accor Vacation Club will be Lee-Ann Dippenaar of WPIAS Pty Ltd. The change in compliance plan auditor is due to the internal policy of WPIAS Pty Ltd to rotate compliance plan auditors from time to time.
Date: 14 July 2017
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41. From 1 April 2017, the Responsible Entity for the Accor Vacation Club pointed the following apartments:
- The Sebel Sydney Manly Beach Apartment 203 – studio deluxe, 190,000 points, Club Australia
- The Sebel Sydney Manly Beach Apartment 207 – studio, 167,000 points, Club Australia
- The Sebel Sydney Manly Beach Apartment 208 – studio, 167,000 points, Club Australia
- The Sebel Sydney Manly Beach Apartment 210 – studio, 167,000 points, Club Australia
- The Sebel Sydney Manly Beach Apartment 211 – studio, 167,000 points, Club Australia
- The Sebel Sydney Manly Beach Apartment 212 – studio, 167,000 points, Club Australia
Date: 1 April 2017
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40. From 1 January 2017, the Responsible Entity for the Accor Vacation Club pointed the following apartments:
- The Sebel Sydney Manly Beach Apartment 301 – 1 bedroom deluxe, 263,500 points, Club Australia
- The Sebel Sydney Manly Beach Apartment 307 – studio, 167,000 points, Club Australia
- The Sebel Sydney Manly Beach Apartment 310 – 1 bedroom, 217,000 points, Club Australia
Date: 1 January 2017
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39. Product Disclosure Document dated 1 January 2017
Clause 4.3 – Personal Benefits and Premiere Plus Members
The Accor Vacation Club Member Loyalty program has now been extended to include Accor hotels in Fiji and French Polynesia.
Date: 1 January 2017
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38. Product Disclosure Statement dated 1 January 2016 (PDS)
In relation to section 10.8 of the PDS, on and from 30 November 2016, the words ‘Part 5 of the Securities Act 2001 and the Securities (Mutual Recognition of Securities Offerings – Australia) Regulations 2008’ are deleted and replaced with ‘subpart 6 of Part 9 of the Financial Markets Conduct Act 2013 and Part 9 of the Financial Markets Conduct Regulations 2014.’
Further, the contact details for the Financial Markets Authority, New Zealand can be found at https://www.fma.govt.nz.
Date: 30 November 2016
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37. Accor Vacation Club announces new Club Apartments in Manly, Sydney NSW
On the 18th of October 2016 the responsible entity for the Accor Vacation Club pointed the following apartments at The Sebel Sydney Manly Beach, Sydney.
There are 83 apartments in the resort, of which the Club owns 6 (Lots 35, 36, 37, 38, 42, & 43 on SP76027), being 5 deluxe studio apartments (which sleep up to 2 people) and 1 deluxe one bedroom apartment (which sleeps up to 4 people).
- Sebel Manly Apartment 501 (lot 35) – deluxe 1 Bedroom, 263,500 points, Club Australia
- Sebel Manly Apartment 502 (lot 36) – deluxe studio, 190,000 points, Club Australia
- Sebel Manly Apartment 503 (lot 37) – deluxe studio, 190,000points, Club Australia
- Sebel Manly Apartment 504 (lot 38) – deluxe studio, 190,000 points, Club Australia
- Sebel Manly Apartment 601(lot 42) – deluxe studio, 190,000 points, Club Australia
- Sebel Manly Apartment 602 (lot 43) – deluxe studio, 190,000 points, Club Australia
Date: 18 October 2016
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36. From 15 September 2016, the Responsible Entity for the Accor Vacation Club pointed the following apartment:
Turtle Beach Apartment 22 – 2 bedroom, 223,200 points, Club Australia
Date: 15 September 2016
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35. From 1 August 2016, the Responsible Entity for the Accor Vacation Club pointed the following apartment:
Turtle Beach Apartment 325 – 1 bedroom, 179,200 points, Club Australia
Date: 1 August 2016
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34. From 30 June 2016, the Responsible Entity for the Accor Vacation Club pointed the following apartment:
Turtle Beach Apartment 143 – 1 bedroom, 179,200 points, Club Australia
Date: 30 June 2016
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33. From 7 June 2016, the Responsible Entity for the Accor Vacation Club pointed the following apartment:
Turtle Beach Apartment 236 – 1 bedroom, 179,200 points, Club Australia
Date: 7 June 2016
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32. From 1 June 2016, the Responsible Entity for the Accor Vacation Club pointed the following apartment:
Turtle Beach Apartment 331 – 2 bedroom, 223,200 points, Club Australia
Date: 1 June 2016
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31. Product Disclosure Document dated 1 January 2016
Page 28
Clause 8.13(d) – Related Party Agreements
Please note that there is a typographical error contained in this clause. The Deed of Set Off is dated 1 June 2001 and not 10 October 2000.
Date: 21 January 2016
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30. The Responsible Entity entered into an agreement in March 2012 to allow Accor Vacation Club Members to use 4 additional apartments at Novotel Bali Nusa Dua Resort in Bali. This agreement has now been terminated and these additional 4 apartments are no longer available to Accor Vacation Club Members to use.
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29. From 14 December 2015, the Responsible Entity for the Accor Vacation Club pointed the following apartments:
- Novotel Lake Crackenback Apartment 16 – 3 bedroom, 302,900 points, Club Australia
- Novotel Lake Crackenback Apartment 20 – 3 bedroom, 302,900 points, Club Australia
- Novotel Lake Crackenback Apartment 35 – 2 bedroom deluxe, 302,000 points, Club Australia
- Novotel Lake Crackenback Apartment 38 – 1 bedroom deluxe, 199,400 points, Club Australia
Date: 14 December 2015
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28. From 5 November 2015,Novotel Creswick Forest Resort was purchased by RACV and has rebranded to RACV Goldfields.
Members staying at The Sebel Creswick Forest Resort will check-in at RACV Goldfields but will no longer have access to or use of facilities at RACV Goldfields.
Date: 5 November 2015
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27. From 1 September 2015, the Responsible Entity for the Accor Vacation Club pointed the following apartment:
The Sebel Pinnacle Valley Resort Apartment 301 – 1 bedroom, 166,400 points, Club Australia
Date: 1 September 2015
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26. From 1 June 2015, the Responsible Entity for the Accor Vacation Club pointed the following apartments:
- Freshwater Point Apartment 2210 – 1 bedroom, 216,000 points, Club Australia
- Freshwater Point Apartment 2911 – 1 bedroom, 216,000 points, Club Australia
- Freshwater Point Apartment 2109 – 2 bedroom, 332,000 points, Club Australia
- Freshwater Point Apartment 2208 – 2 bedroom, 332,000 points, Club Australia
Date: 1 June 2015
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25. From 1 April 2015, the Responsible Entity for the Accor Vacation Club pointed the following apartments:
Coral Coast Palm Cove Apartment 212 – 1 bedroom, 182,800 points, Club Australia
Freshwater Point Apartment 2312 – 1 bedroom, 216,000 points, Club Australia
Date: 1 April 2015
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24. Addendum to the Product Disclosure Statement Dated 31 December 2015
Part 10.5 of the Product Disclosure Statement refers to APVC Limited’s membership with an external dispute resolution service, namely the Credit Ombudsman Service Limited (“COSL”).
At the annual general meeting held on 19 November 2014, members of COSL passed a special resolution to change the name of the company to ‘Credit and Investments Ombudsman Limited’. The EDR scheme/service that is operated by the company will be known as ‘Credit and Investments Ombudsman’ (CIO).
Current COSL email addresses will remain the same.
Date: 12 January 2015
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23. From 1 December 2014, the Responsible Entity for the Accor Vacation Club pointed the following apartments at Coral Coast Palm Cove:
- Coral Coast Palm Cove Apartment 208 – 1 bedroom, 182,800 points, Club Australia
- Coral Coast Palm Cove Apartment 209 – 1 bedroom, 182,800 points, Club Australia
- Coral Coast Palm Cove Apartment 210 – 1 bedroom, 182,800 points, Club Australia
- Coral Coast Palm Cove Apartment 211 – studio, 123,600 points, Club Australia
Date: 1 December 2014
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22. From 1 November 2014, the Responsible Entity for the Accor Vacation Club pointed the following apartments at Basildene Manor:
- Basildene Manor Apartment 18 – studio, 155,000 points, Club Australia
- Basildene Manor Apartment 19 – deluxe studio, 175,600 points, Club Australia
Date: 1 November 2014
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21. From 1 October 2014, the Responsible Entity for the Accor Vacation Club removed the following apartment at Freshwater Point from the Accor Vacation Club:
- Freshwater Point Apartment 2014 – 1 bedroom 216,000 points Club Australia
- Freshwater Point Apartment 2506 – 1 bedroom 216,000 points Club Australia
Date: 1 October 2014
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20. From 1 September 2014, the Responsible Entity for the Accor Vacation Club pointed the following apartments at Coral Coast Palm Cove:
- Coral Coast Palm Cove Apartment 206 – 1 bedroom, 182,800 points, Club Australia
- Coral Coast Palm Cove Apartment 207 – 2 bedroom, 228,200 points, Club Australia
Date: 1 September 2014
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19. From 1 June 2014, the Responsible Entity for the Accor Vacation Club pointed the following apartments at Coral Coast
Palm Cove:
Coral Coast Palm Cove Apartment 204 – 1 bedroom, 182,800 points, Club Australia
Date: 22 May 2014
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18. Removal of complimentary one year silver Le Club Accorhotels Membership
As disclosed in section 4.2 of the PDS, Personal Benefits are added extra for Members, and may be added or removed by the Responsible Entity at any time. Please note that the complimentary one year silver Le Club Accorhotels Membership is no longer provided to Members as a Personal Benefit.
Date: 15 April 2014
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17. From 1 September 2013, the Responsible Entity for the Accor Vacation Club pointed the following apartments at Coral Coast
Palm Cove:
- Coral Coast Palm Cove Apartment 101 – 2 bedroom, 228,200 points, Club Australia
- Coral Coast Palm Cove Apartment 106 – 1 bedroom, 182,800 points, Club Australia
- Coral Coast Palm Cove Apartment 108 – 1 bedroom, 182,800 points, Club Australia
- Coral Coast Palm Cove Apartment 109 – 1 bedroom, 182,800 points, Club Australia
Date: 1 September 2013
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16. Coral Coast Palm Cove
From 1 June 2013, the Responsible Entity for the Accor Vacation Club pointed up four, one bedroom apartments at Coral Coast Palm Cove. These apartments being numbers 7, 8, 9 and 102.
Date: 1 June 2013
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15. From 1 April 2012, the Responsible Entity for the Accor Vacation Club pointed the following apartments at Coral Coast
Palm Cove:
- Coral Coast Palm Cove Apartment 6 – 2 bedroom, Club Australia
- Coral Coast Palm Cove Apartment 103 – studio, Club Australia
- Coral Coast Palm Cove Apartment 104 – 1 bedroom, Club Australia
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14. Printing formatting error in PDS dated 17 December 2012
Please note that there is a printing formatting error on page 20 of the Product Disclosure Statement dated 17 December 2012 (PDS) that you were provided with. At paragraph 7.3 of the PDS, in the table, under Management Costs, column two should read:
“The Responsible Entity is entitled to a management fee of the greater of no more than 15% per annum of the total expenses of the Club and 5% of the value of Club Assets…”
not:
“The Responsible Entity is entitled to a management fee of the greater of no more than 1 per annum of the total expenses of the Club and 5% of the value of Club Assets…”
This is consistent with the Budget Assumptions listed at paragraph 7.14 of the PDS.
Should you wish to obtain a copy of the correctly formatted PDS, it is available on the Member Website at:
https://www.accorvacationclub.com.au/legals/product-disclosure-statement/
or you can request one in writing from legal@accorvacationclub.com.au.
Date: 8 January 2013
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13. The following apartments were pointed up by the Responsible Entity for the Accor Vacation Club from
1 December 2012:
- Coral Coast Palm Cove Apartment 1 – 2 bedroom, Club Australia
- Coral Coast Palm Cove Apartment 2 – studio, Club Australia
- Coral Coast Palm Cove Apartment 3 – 1 bedroom, Club Australia
- Coral Coast Palm Cove Apartment 5 – 1 bedroom, Club Australia
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12. Coral Coast Palm Cove
From 1 October 2012, the Responsible Entity for the Accor Vacation Club pointed up two apartments at Coral Coast Palm Cove. One, one bedroom apartment (being apartment 213) and one studio apartment (being apartment 214).
Date: 5 October 2012
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11. Coral Coast Palm Cove
From 1 August 2012, the Responsible Entity for the Accor Vacation Club pointed up one three bedroom apartment at Coral Coast Palm Cove (being apartment 205).
Date: 5 October 2012
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10. Accor Vacation Club announces the new Accor Hotel Select program
On the 3rd July 2012 the Launch of the Accor Hotel Select program took place. The Accor Hotels Select program is a Personal benefit provided to the Accor Vacation Club, Premiere Plus Members.
To learn more about Personal Benefits, Members are encouraged to consult the Product Disclosure Statement which can be downloaded here:
https://members.accorvacationclub.com.au//Regulatory-Documents.aspx
Date: 4 July 2012
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9. Accor Vacation Club announces new Club Apartments at the Hunter Valley
As of the 1st of May 2012, A.P.V.C. Ltd as responsible entity for the Accor Vacation Club pointed up two one bedroom apartments (being apartments 19 and 21).
Date: 1 May 2012
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8. Novotel Bali Nusa Dua
From 1 March 2012, the Responsible Entity has licensed four additional rooms at the Novotel Bali Nusa Dua for Member use as Club Property for the term of the licence. The right to use these additional rooms is a Personal Benefit. To read more about Personal Benefits, please refer to section 4.2 of the Product Disclosure Statement.
The initial term of the licence is for two years. The apartments are not owned by the Accor Vacation Club and it is not anticipated that they will be available for Member use for the lifetime of the Scheme.
Date: 19 March 2012
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7. GST Services Agreement
On 5 February 2010, the Australian Tax Office revised its tax ruling in respect of GST payable and Input Tax Credit entitlements associated with levies charged to members of timeshare schemes which provided that fees paid to timeshare operators in respect of maintaining the interests in the timeshare scheme could be treated as consideration for an input taxed supply of an interest in a timeshare scheme. As a result of the ruling, A.P.V.C. Ltd as responsible entity of the Accor Vacation Club has been informed that it has over-remitted GST to, and over-claimed Input Tax Credits from the ATO relating to the 2007 to 2010 calendar years.
Accordingly, and having first sought the approval of the ATO of its intentions, A.P.V.C. Ltd has appointed A.P.V.C. Holdings Pty Ltd as its service provider to facilitate the refund of overpaid GST to eligible Members and remit the over-claimed Input Tax Credits to the ATO.
Affected members will receive information about any amount to which they are entitled in their Club Fee invoice.
Date: 13 February 2012
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6. Update to the Co-operation Agreement
At section 8.20 of the Product Disclosure Statement, it states that, from time to time, A.P.V.C. Finance Pty Ltd (“APVCF”), A.P.V.C. Finance (NZ) Pty Ltd (“APVFNZ”)or AVC Finance Pty Ltd (“AVCF”) may enter into or vary existing agreements with financiers which may cause changes to the Co-operation Agreement or cause a new Co-operation Agreement to be entered into.
On 25 January 2012, the previous Co-operation Agreement was terminated and the new Co-operation Agreement was entered into in connection with a change of financier to APVCF, APVCFNZ and AVCF. The new Co-operation Agreement adds AAPC Limited and AAPC Properties Pty Limited as parties to the agreement but does not materially alter the terms of the agreement as stated in the Product Disclosure Statement.
Date: 13 February 2012
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5. Accor Vacation Club announces new Club Apartments at the Hunter Valley and Coral Coast
Between 1 October 2011 and 1 December 2011, A.P.V.C. Ltd as responsible entity for the Accor Vacation Club pointed up four apartments (being two at Hunter Valley and two at Coral Coast) to become Club Property. These apartments are listed in the Product Disclosure Statement dated 16 December 2011.
Date: 13 February 2012
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4. Accor Vacation Club announces new Club Apartments at the Hunter Valley
On the 1st of April 2011 and on the 1st of June 2011 A.P.V.C. Ltd as responsible entity for the Accor Vacation Club pointed up three one bedroom apartments at Grand Mercure The Vintage, Hunter Valley (being apartments number 7, 9 and 11).
The Club accordingly now owns 11 one bedroom apartments, 16 two bedroom apartments at the Resort. There are now 4 apartments held by A.P.V.C. Ltd, which are still to be pointed up.
Date: 8 July 2011
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3. Inter-Club use for Club Australia has been suspended for an indefinite time.
An Inter-Club Reservation refers to an accommodation booking made by a Club Australia Member staying in a Club Asia owned room or a Club Asia Member utilising Club Australia inventory. The agreement between Club Australia and Club Asia has allowed Australian Members to utilise Club Asia owned rooms at the Novotel Bali Nusa Dua and for Club Asia Members to access accommodation at Club Australia properties.
Unfortunately, the demand for Club Australia members utilising Club Asia inventory in Bali has far exceeded our expectations. Due to this imbalance, the Inter-Club program has been put on hold until the demand is more balanced.
Accor Vacation Club Apartments at the Nusa Dua property held under Club Australia inventory remains unaffected and is still available for Member use. Should you have any questions, please contact your friendly Member Services team.
Date: 8 July 2011
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2. Change to Cancellation Policy
The cancellation rules changed on 16th December 2010 and they have been simplified, as requested by members. The penalties now also only apply 3 months before check in and not 6 months as was previously the rule.
The new cancellation policy is as follows:
- 0-7 days prior to check in – 100% loss of points and $55 fee
- 8-90 days prior to check in -50% loss of points and $55 fee
- 91+ days prior to check in – $55 fee only.
For more information please consult section 3.5 of the current PDS.
Date: 8 July 2011
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1. Renting of Premiere Points
The ability to rent premiere points is currently unavailable as this process has not proven to be financially beneficial for Club members.
Date: 8 July 2011
