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Farm Debt Mediation Select Committee Report

  • 31 October 2019

The Primary Production Committee’s report on the Farm Debt Mediation Bill No 2 is now available on the NZ Parliament website and you can read it HERE.

The Committee has made a number of recommendations to amend the Bill in respect to

  • Clarification to some key terms use in the Bill
  • Initiation of mediation before a farmer is in default
  • Position of guarantors
  • Multi-party mediation
  • Costs of mediation
  • Confidentiality
  • Situations of urgency
  • Duration of mediation

The Bill will now return to the House for further consideration. MPI advises that the intent remains that the Bill is enacted by the end of 2019.