Victorian Numbered Acts

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FARM DEBT MEDIATION ACT 2011 (NO. 42 OF 2011) - SECT 17

Creditor may satisfactorily mediate without forgiving or reducing farm debt

A failure by a creditor to agree to reduce or forgive any debt does not, of itself, demonstrate a lack of good faith on the part of a creditor in attempting to mediate.

Note

See section 4 as to the meaning of satisfactory mediation .


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