NSWIn ForceRegulation
Passenger Transport (General) Regulation 2017
227Nature of awards that can be made
Start here
Get a plain-English read of 227
Turn the raw legal text into a practical explanation grounded in Passenger Transport (General) Regulation 2017.
#### 227 Nature of awards that can be made
227 Nature of awards that can be made
> > (1) An award (whether or not final) made in a valuation arbitration must be limited to the determination of the valuation of the bus service assets in question.
>
> > (2) The following provisions of the Arbitration Act do not apply with respect to an award or arbitrator in a valuation arbitration—
> >
> > > (a) section 24 (Specific performance),
> >
> > > (b) section 31 (Interest up to making of award),
> >
> > > (c) section 32 (Interest on debt under award).