Costs of arbitration
339U Costs of arbitration
The parties must pay the costs of the arbitration in equal shares.
If section 339C(2) applies to the dispute, all related sublessees must be treated as a single party to the dispute for subsection (1).
Subsections (1) and (2) do not apply if—
the parties to the dispute agree on how the costs of the arbitration will be paid; or
the arbitrator decides how the costs of the arbitration will be paid.
Without limiting subsection (3)(b), the arbitrator, when making a decision about the costs of the arbitration, must take into account any matters prescribed by regulation.
This provision refers to the regulations (prescribed by regulation
). Made under this Act:
This Act’s bill:Explanatory memorandum
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