NSWIn ForceAct
Strata Schemes Development Act 2015
149Dispute about value of improvements
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#### 149 Dispute about value of improvements
149 Dispute about value of improvements
> > (1) If there is a dispute about the amount of compensation to be paid to an owner or former owner for the value of improvements attributable to a lot, the dispute must be resolved—
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> > > (a) in the way provided for under the lease of the lot or agreed to by the parties to the dispute (for example, by arbitration under the [Commercial Arbitration Act 2010](/view/html/inforce/current/act-2010-061)), or
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> > > (b) otherwise—by order of the court.
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> > (2) An application for an order of the court may be made by any party to the dispute.
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> > (3) Notice of the application must be served, in accordance with rules of court, on the persons directed by the court.
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> > (4) As far as practicable, all applications relating to the same leasehold strata scheme must be heard together.