New South Wales Consolidated Acts

FARM DEBT MEDIATION ACT 1994 - SECT 9A

9A Creditor may agree to or decline mediation

(1) A creditor who has received a request from a farmer to mediate may, by notice in writing given to the farmer, agree or decline to mediate in respect of the farm debt involved.

(2) A refusal by a creditor to mediate does not, of itself, give rise to any claim or other consequence under this Act if the farmer is not in default.

(3) If a farmer is in default, a refusal by a creditor to mediate may result in the issuance of an exemption certificate.