Queensland Consolidated Acts Queensland Consolidated Acts(1) Within 30 days after the termination date, the former resident and the scheme operator are to negotiate in good faith and, if possible, agree in writing on the resale value of the right to reside in the accommodation unit.
(2) If the former resident and the scheme operator can not agree on the resale value of the accommodation unit, the scheme operator is to obtain a valuation of the right to reside in the unit from a valuer within a further 14 days.
(3) A valuation obtained under subsection (2) is taken to be the agreed resale value of the right to reside in the accommodation unit.