Farm Debt Mediation Act 2018

A creditor must not take enforcement action against a farmer under a farm mortgage unless—

the creditor has given notice to the farmer in accordance with this section; and

21 days have expired since the day on which notice was given.

Notice under subsection (1)—

must state that the creditor intends to take enforcement action under the farm mortgage; and

must state that, under this Act, mediation between the farmer and the creditor is available; and

must state that the farmer has 21 days from the day on which the notice was given to request mediation with the creditor in respect of the farm debt; and

must be given in a manner and form approved by the Commission.

This section does not apply to a creditor if an exemption certificate is in force in respect of the farm mortgage.