Part 4
Industry participants and consumers
Dispute resolution
97Compliance with rules and binding settlements
Members of the dispute resolution scheme must comply with the rules of the scheme.
On the application of the person responsible for the dispute resolution scheme, the District Court may require a member of the scheme to do any of the following:
- comply with the rules of the scheme:
- comply with a binding settlement determined by the scheme in response to a complaint:
- comply with a binding settlement determined by the scheme in an indemnity dispute.
If the District Court is satisfied that the terms of a binding settlement are manifestly unreasonable, the court's order under subsection (2)(b) may modify the terms of the binding settlement, but only to the extent that the modification results in a binding settlement that could have been made under the dispute resolution scheme.
If an order requiring a member to comply with a binding settlement includes a requirement that the member pay an amount of money to a person, that order (or part of the order) may be enforced as if it were a judgment by the District Court for the payment of a sum of money.
A reference in this section to a member includes a reference to a person who was a member of the dispute resolution scheme at the relevant time but is no longer a member at the time of the application or order.
Notes
- Section 97(2): amended, on , by section 261 of the District Court Act 2016 (2016 No 49).
- Section 97(2): amended, on , by section 16 of the Consumer Guarantees Amendment Act 2013 (2013 No 144).
- Section 97(2)(c): inserted, on , by section 16 of the Consumer Guarantees Amendment Act 2013 (2013 No 144).
- Section 97(3): amended, on , by section 261 of the District Court Act 2016 (2016 No 49).
- Section 97(4): amended, on , by section 261 of the District Court Act 2016 (2016 No 49).