Queensland Consolidated Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]
FARM BUSINESS DEBT MEDIATION ACT 2017 - SECT 14
Notice inviting request for mediation
14 Notice inviting request for mediation
(1) If a mortgagee intends to take enforcement action under a farm mortgage,
the mortgagee must— (a) serve a notice inviting a request for mediation on
the farmer; and
(b) give a copy of the notice to the authority.
(2) An
"notice inviting a request for mediation" is a notice, in the approved form,
that— (a) states the name of the farmer and the mortgagee; and
(b)
identifies the farm property; and
(c) states the enforcement action the
mortgagee intends to take; and
(d) states that the farmer may ask for
mediation for the farm business debt; and
(e) states how, and the day by
which, the farmer must ask for mediation; and
(f) states that, if the farmer
does not ask for mediation by the stated day, the mortgagee may consider the
farmer has declined mediation and may apply for an exemption certificate to
allow the mortgagee to proceed with enforcement action.
(3) For subsection
(2) (e) , the day by which the farmer must ask for mediation must be no less
than 20 business days after the day the notice is served on the farmer.
(4)
The notice inviting a request for mediation served on the farmer must be
accompanied by a copy of the mediation information package.
AustLII: Copyright Policy
| Disclaimers
| Privacy Policy
| Feedback