E-Alert: Land Act amendment receives parliamentary assent

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This improved framework for resolving sublease disputes will be a welcome addition for both lessees and sub-lessee's.
Australia Real Estate and Construction
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An Improved Sublease Dispute Framework

Further to our E-Alert in March 2019, the Natural Resources and Other Legislation Amendment Bill 2019 has received parliamentary assent, and the Land Act was amended on 26 May 2019 on the same terms as detailed in our prior alert.

Notably, the amendment provides a significantly better and more formalised dispute resolution process, including:

  1. the introduction of 'notices of dispute' – a pre-mediation means of identifying, clarifying and potentially narrowing the issues in dispute between the parties; and
  2. the introduction of arbitration as an avenue of dispute resolution following unsuccessful mediation.

Going forward, the improved framework for resolving sublease disputes will be a welcome addition for both lessees and sub-lessee's alike.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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