Arbitration
19 Arbitration
Sch. 15 cl. 19(1) amended by No. 50/2011 s. 46(Sch. item 15.1).
If, within—
a period of 6 calendar months from the appointed day for a water system; or
where the conversion rules so provide, any later date determined in accordance with the rules—
the entitled persons have not reached agreement under clause 17 on the proportions of ownership, any of the entitled persons may refer the matter to arbitration in accordance with the Commercial Arbitration Act 2011.
Sch. 15 cl. 19(2) amended by No. 50/2011 s. 46(Sch. item 15.2).
If—
within a period of 6 calendar months from the appointed day for a water system; or
where the conversion rules so provide, any later date determined in accordance with the rules—
the members of an unincorporated association have not reached agreement under clause 18(2), any member of the association may refer the matter to arbitration in accordance with the Commercial Arbitration Act 2011.
Sch. 15 cl. 19(3) amended by No. 50/2011 s. 46(Sch. item 15.3).
An arbitration under this section must be conducted before a sole arbitrator selected by agreement by all the entitled persons, or, in the absence of such an agreement, by the Secretary-General of the Australian Centre for International Commercial Arbitration Limited ACN 006 404 664.
The costs of the arbitration are to be borne by all the entitled persons equally, unless otherwise awarded by the arbitrator.
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