sec.6Meaning of mediation for a farm business debt

sec.6 Meaning of mediation for a farm business debt

Mediation , for a farm business debt, is 1 or more meetings conducted by a mediator to facilitate discussion between the farmer and the mortgagee— when the farmer has defaulted, or is at risk of defaulting, under the farm mortgage; and that aims to bring about an agreement between the farmer and the mortgagee about 1 or more matters relating to the farm business debt. the way for the farmer to remedy a default under the farm mortgage how the farm mortgage may be enforced or discharged Each meeting mentioned in subsection (1) is a mediation meeting . A reference in this Act to mediation includes— an activity for promoting discussion and bringing about agreement about a matter during mediation; and anything said or done to prepare for a mediation meeting or to follow up a matter discussed or agreed at a mediation meeting. (sec.6-ssec.1) Mediation , for a farm business debt, is 1 or more meetings conducted by a mediator to facilitate discussion between the farmer and the mortgagee— when the farmer has defaulted, or is at risk of defaulting, under the farm mortgage; and that aims to bring about an agreement between the farmer and the mortgagee about 1 or more matters relating to the farm business debt. the way for the farmer to remedy a default under the farm mortgage how the farm mortgage may be enforced or discharged (sec.6-ssec.2) Each meeting mentioned in subsection (1) is a mediation meeting . (sec.6-ssec.3) A reference in this Act to mediation includes— an activity for promoting discussion and bringing about agreement about a matter during mediation; and anything said or done to prepare for a mediation meeting or to follow up a matter discussed or agreed at a mediation meeting.

• (a) when the farmer has defaulted, or is at risk of defaulting, under the farm mortgage; and
• (b) that aims to bring about an agreement between the farmer and the mortgagee about 1 or more matters relating to the farm business debt. Examples of matters that may be agreed— • the way for the farmer to remedy a default under the farm mortgage • how the farm mortgage may be enforced or discharged
• • the way for the farmer to remedy a default under the farm mortgage
• • how the farm mortgage may be enforced or discharged
• • the way for the farmer to remedy a default under the farm mortgage
• • how the farm mortgage may be enforced or discharged
• (a) an activity for promoting discussion and bringing about agreement about a matter during mediation; and
• (b) anything said or done to prepare for a mediation meeting or to follow up a matter discussed or agreed at a mediation meeting.