18JDraft mediation agreements

18J Draft mediation agreements

18J Draft mediation agreements

(1) If a mediator is satisfied that a farmer and a creditor who are parties to a mediation have agreed, or are about to agree, on an issue between them, the mediator must personally prepare for the consideration of the parties a draft agreement setting out the main points of agreement on the issue (draft mediation agreement).

(2) The draft mediation agreement must include a statement, in the approved form, relating to the cooling off period for the proposed mediation agreement.

ss 18J–18L: Ins 2018 No 16, Sch 1 [10].