LEASES (COMMERCIAL AND RETAIL) ACT 2001 - SECT 60 Costs of valuations

LEASES (COMMERCIAL AND RETAIL) ACT 2001 - SECT 60

    (1)     The costs of a valuation carried out for this part must—

        (a)     be paid by or apportioned between the parties as the Magistrates Court directs; or

        (b)     if the court does not give a direction—be shared equally between the parties.

    (2)     In deciding whether it is appropriate to give a direction, the Magistrates Court must consider the following:

        (a)     the reasonableness of the actions of each party;

        (b)     if the valuer has been disqualified—whether the valuer should be paid in full, in part or not at all.