4. What originating claims are suitable for this Part

An originating claim is suitable for this Part if —

the dispute involves an intellectual property right;

one of the following conditions applies:

the monetary relief claimed by each party (whether in relation to an intellectual property right or otherwise) in the action does not or is not likely to exceed $500,000;

all parties agree to the application of this Part; and

the case is otherwise suitable for this Part, having regard to the following matters:

whether a party can only afford to bring or defend the claim under this Part;

the complexity of the issues;

whether the estimated length of the trial is likely to exceed 2 days;

any other relevant matter.

For the purposes of this Part —

a party may file and serve the form to abandon any claim for monetary relief in excess of $500,000;

the form has effect if and only if this Part applies to the originating claim; and

the form may be withdrawn only with the permission of the Court.

An originating claim is suitable for this Part if —

the dispute involves an intellectual property right;

one of the following conditions applies:

the monetary relief claimed by each party (whether in relation to an intellectual property right or otherwise) in the action does not or is not likely to exceed $500,000;

all parties agree to the application of this Part; and

the case is otherwise suitable for this Part, having regard to the following matters:

whether a party can only afford to bring or defend the claim under this Part;

the complexity of the issues;

whether the estimated length of the trial is likely to exceed 2 days;

any other relevant matter.

For the purposes of this Part —

a party may file and serve the form to abandon any claim for monetary relief in excess of $500,000;

the form has effect if and only if this Part applies to the originating claim; and

the form may be withdrawn only with the permission of the Court.