LawgistThe Arbitration and Conciliation Act
74Status and effect of settlement agreement
The settlement agreement shall have the same status and effect as if it is an arbitral award on agreed terms on the substance of the dispute rendered by an arbitral tribunal under section 30.
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CONCILIATION
- 61 Application and scope
- 62 Commencement of conciliation proceedings
- 63 Number of conciliators
- 64 Appointment of conciliators
- 65 Submission of statements to conciliator
- 66 Conciliator not bound by certain enactments
- 67 Role of conciliator
- 68 Administrative assistance
- 69 Communication between conciliator and parties
- 70 Disclosure of information
- 71 Co-operation of parties with conciliator
- 72 Suggestions by parties for settlement of dispute
- 73 Settlement agreement
- 74 Status and effect of settlement agreement
- 75 Confidentiality
- 76 Termination of conciliation proceedings
- 77 Resort to arbitral or judicial proceedings
- 78 Costs
- 79 Deposits
- 80 Role of conciliator in other proceedings
- 81 Admissibility of evidence in other proceedings
