The Arbitration and Conciliation Act

Application and scope

Commencement of conciliation proceedings

Number of conciliators

Appointment of conciliators

Submission of statements to conciliator

Conciliator not bound by certain enactments

Role of conciliator

Administrative assistance

Communication between conciliator and parties

Disclosure of information

Co-operation of parties with conciliator

Suggestions by parties for settlement of dispute

Settlement agreement

Status and effect of settlement agreement

Confidentiality

Termination of conciliation proceedings

Resort to arbitral or judicial proceedings

Costs

Deposits

Role of conciliator in other proceedings

Admissibility of evidence in other proceedings


CONCILIATION


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.

LAWGIST

# 74 Status and effect of settlement agreement