sec.34Parties must use dispute resolution process stated in supply contract

### sec.34 Parties must use dispute resolution process stated in supply contract A supply contract must state a process for dispute resolution including by arbitration. The parties must attempt to resolve the dispute by using the process. Subject to subsection (4) , the Commercial Arbitration Act 2013 applies to an arbitration mentioned in subsection (1) . Each party must bear the party’s own costs of the arbitration. s 34 prev s 34 om 2004 No. 3 s 5 pres s 34 ins 2004 No. 3 s 7 amd 2007 No. 26 s 8 ; 2015 No. 32 s 7 (sec.34-ssec.1) A supply contract must state a process for dispute resolution including by arbitration. (sec.34-ssec.2) The parties must attempt to resolve the dispute by using the process. (sec.34-ssec.3) Subject to subsection (4) , the Commercial Arbitration Act 2013 applies to an arbitration mentioned in subsection (1) . (sec.34-ssec.4) Each party must bear the party’s own costs of the arbitration.