New South Wales Consolidated Acts

RETAIL LEASES ACT 1994 - SECT 16K

16K Appeal rights

(1) The Secretary may, after receiving notice of a judgment or order relating to a security bond, pay out money in respect of the judgment or order no earlier than the expiry of the period within which any right of appeal against the judgment or order must be exercised but must not pay money out if an appeal has been lodged.

(2) If an appeal has been lodged, the Secretary must not pay out money in respect of the judgment or order unless satisfied that the appeal has been withdrawn or dismissed.

(3) A payment of money by the Secretary in respect of a judgment or order does not prevent an appeal being lodged.