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C-64 - Constitut or Tenure System Act

Section 13
Disposition versions

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13. At any time before the hearing of the matter by the Superior Court, the parties may agree to have the sale price fixed by three arbitrators, one chosen by the proprietor, one by the lessee or holder, the third to be appointed by the two arbitrators chosen by the proprietor and the lessee or holder. If they fail to agree upon the choice of such third arbitrator, the matter shall be heard before the Superior Court.
The arbitrators shall proceed at the time and place fixed by them, whereof they shall have given a special notice of at least ten days to the interested parties.
After having heard the parties and their witnesses under oath which they are authorized to administer, the arbitrators shall give their decision by a certificate signed by them or by the majority of them, and deposit such certificate in the office of the secretary-treasurer of the municipality wherein the immoveable is situated.
R. S. 1964, c. 322, s. 13; 1973, c. 38, s. 129.
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