(1) This rule applies to a property proceeding.
(2) Each party must make a genuine offer to settle to all other parties within:
(a) 28 days after a conciliation conference or mediation; or
(b) if no conciliation conference or mediation has been held or is to be held--28 days after the first court date; or
(c) such further time as ordered by the court.
(3) The offer to settle must state that it is made under this Division.
Example: The offer to settle must include a statement along the following lines:
This offer to settle is made under Division 4.2.2 of the Federal Circuit and Family Court of Australia (Family Law) Rules 2021 .
Note 1: An offer to settle is a factor that must be taken into account when the court exercises its discretion in relation to costs (see paragraph 117(2A)(f) of the Family Law Act).
Note 2: Rule 1.33 sets out the consequences of failing to comply with these Rules.