New Zealand Legislation: Regulations
Regulations are laws made under Acts
(1) Subject to subclause (2), a mediator must be paid remuneration (by way of fees and allowances) agreed by the parties to the dispute concerned.
(2) If the parties to a dispute cannot agree a mediator’s remuneration, the President of the Institute of Chartered Accountants of New Zealand (or a person authorised by the President to do so) must—
(a) fix an amount or several amounts to be paid to the mediator as remuneration; and
(b) specify the party by which each amount is to be paid.
(3) Each party must pay to the mediator the amount fixed by the President (or authorised person) and specified as an amount to be paid by that party.