New South Wales Consolidated Acts

RETAIL LEASES ACT 1994 - SECT 16K

16K Appeal rights

(1) The Director-General may, not earlier than 14 days after receiving notice of a judgment or order relating to a security bond, pay out money in respect of the judgment or order even if there is a right of appeal against the judgment or order, but only if an appeal has not been lodged.

(2) If an appeal has been lodged, the Director-General must not pay out money in respect of the judgment or order unless satisfied that the appeal has been withdrawn or dismissed.

(3) A payment of money by the Director-General in respect of a judgment or order does not prevent an appeal being lodged.