NSWIn ForceRegulation
Passenger Transport (General) Regulation 2017
229Final awards
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#### 229 Final awards
229 Final awards
> > (1) The arbitrator in a valuation arbitration must provide the parties with a final award within 5 working days (or such further period as the Secretary may allow) after the expiry of the submission period for the draft award referred to in clause 228.
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> > (2) In making a final award in a valuation arbitration, the arbitrator—
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> > > (a) must take into account any written submissions made by the parties under clause 228 within the submission period, and
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> > > (b) must not take into account any written submissions made by the parties after the expiry of the submission period.
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> > (3) The arbitrator must provide the Secretary with a copy of the final award as soon as is reasonably practicable after making the award.
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> > (4) Without limiting clause 39(6) of Schedule 3 to the Act, and subject to any review under section 38 of the Arbitration Act, the Secretary should endeavour to make a decision as to whether or not to require the proposed new service provider to acquire any bus service assets that have been the subject of a final award in a valuation arbitration at the determined valuation within 7 working days after receiving a copy of the final award.
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> > (5) This clause prevails over the provisions of the Arbitration Act concerning the making of awards to the extent of any inconsistency.