Farm Debt Mediation Scheme

This is a preview of the Farm Debt Mediation Scheme (WA) Application form. When you’re ready to apply, click Fill Out Now to begin.
 

Eligibility

* indicates a required field.

Applications under this Scheme may be initiated by either party (farm/pastoral business or financial institution) wishing to resolve an issue/dispute through non-legal mediation in relation to commercial farm business debt.

Once your application has been lodged and assessed as eligile, the other party identified in your application will be asked to participate in mediation sessions with you. They will be given a maximum of 20 business days to respond to the invitation.

If both parties agree to participate, the Small Business Development Corporation will contact both parties directly to arrange the mediation session/s at a mutually agreeable date, time and location.

If you are unsure or unclear about any questions or information requested in this application or would like to discuss your situation further, please contact us on 1300 374 231

Check the list of Authorised Deposit-taking Institutions in Australia if you are unsure whether the financial institution involved in this dispute is eligible.

Are you applying to the Farm Debt Mediation Shemes as a: * Required
Response required.

You (the applicant) must be able to answer Yes to the following set of questions.

Are you seeking mediation in relation to commercial farm business debt that is covered by a formal loan agreement? * Required
Has the business you represent made an attempt to resolve the issue or dispute prior to lodging this application? * Required
Is the financial institution involved in this dispute an Authorised Deposit-taking Institution in Australia? * Required
Is the farm/pastoral business involved in this dispute directly involved in the agricultural/pastoral industry in Western Australia? * Required
Has the farm/pastoral business involved in this dispute been in operation for at least the past three (3) consecutive years as a sole trader, trust, partnership or private company? * Required

Additional farm/pastoral business question (Not Applicable)

This section is not applicable because of your response to question: "Are you applying to the Farm Debt Mediation Shemes as a:" on page 1

Under normal circumstances, does at least one member of the farm/pastoral business contribute at least 75% of his/her labour and derive at least 50% of his/her income from the farm business?