Mediation agreements
35 Mediation agreements
Subject to subsection (2), if the parties to a mediation are satisfied that a draft mediation agreement sets out the main points agreed on by the parties during, or within 24 hours after the end of, the mediation, the parties may enter into a mediation agreement by signing the draft mediation agreement.
A mediation agreement entered into under subsection (1) must include a cooling-off period statement.
A mediation agreement is binding on the parties to the agreement.
A mediation agreement may be varied or replaced by a further mediation agreement in writing between the parties to the agreement.
A minor defect or minor technical irregularity in a mediation agreement does not invalidate the agreement.
This Act’s bill:Explanatory notesSecond reading speech
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