FURTHER REPORT - TOURISM NOOSA FUNDING AND PERFORMANCE DEED 2026–2029 · Attachment 1 - 29-05-2026_TN Funding Deed_FINAL

8.       Dispute resolution

8.1      The Parties agree to comply with this clause 8 in relation to any matter in dispute in
         relation to the non-fulfilment of a party’s obligations under this Deed (Dispute).

8.2      A Party raising a Dispute will give the other Party a notice of dispute setting out:

         (a)       The details of the Dispute; and

         (b)       The outcome sought by the Party in relation to the Dispute.

8.3      Within 10 Business Days of service of a Notice of Dispute or such longer period after
         service of a Notice of Dispute as the Parties may agree in writing, representatives of the
         Parties will meet and undertake genuine and good faith negotiations with a view to
         resolving the Dispute.

8.4      If the Dispute remains unresolved 10 Business Days after the meeting referred to in
         clause 8.3 above, the Parties agree to genuinely participate in a mediation in an attempt
         to resolve the Dispute.

8.5      The costs of mediation will be shared equally between the Parties, unless the mediator
         determines otherwise.

8.6      Any Dispute that is referred to mediation must be mediated by a mediator appointed by the
         parties in accordance with rules agreed by the parties or, if the parties cannot agree on
         the appointment of a mediator or rules of mediation, a mediator appointed by and rules
         determined by the President of the Queensland Law Society. The parties must attempt in
         good faith to resolve the Dispute at mediation.

8.7      If the Dispute is not resolved at mediation the Parties agree to refer the Dispute to
         Expert Determination within 28 days of the mediation, with such expert determination to
         be conducted in accordance with the expert determination rules published by the
         Resolution Institute current as at the date of this Deed.

8.8      The Dispute Resolution Process:

         (a)       continues for any further period agreed between the Parties, including to allow
                   the Parties to engage in further negotiations or engage in any other alternative
                   dispute resolution process; or

         (b)       ends, if the Parties agree on terms for a resolution of the Dispute; or

         (c)       ends on the date of a binding decision by the expert determiner pursuant to
                   clause 8.7.




 Tourism Noosa Funding Deed, 2026-29                                                            Page 14