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Competition and Consumer Act 2010
52ZYFinal offer arbitration—termination of arbitration if no final offers
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52ZY Final offer arbitration—termination of arbitration if no final offers
If both bargaining parties fail to submit to the panel a final offer for what the remuneration amount should be, the arbitration terminates on the day after the last day on which such a final offer could have been submitted in accordance with subsection 52ZX(4).