120Registration of settlement agreements

120 Registration of settlement agreements (1) Any party, after notifying the other party in writing, may lodge a copy of the signed and certified record of agreement with the Tribunal for registration. (2) Subject to subsection (3), the Tribunal must register the agreement and give a certified copy of the registered record to each party. (3) If the Tribunal, constituted by a presidential member, considers that it may not be practicable to enforce, or to supervise compliance with, an agreement or part of an agreement the Tribunal— (a) in the case of an agreement, may refuse to register the record of agreement; or (b) in the case of part of an agreement, may refuse to register the part of the record of agreement that it considers may not be practicable to enforce, or to supervise compliance with. (4) On registration, the registered agreement or registered part of the agreement must be taken to be an order of the Tribunal in accordance with its terms and may be enforced accordingly. (5) The refusal of the Tribunal to register the record of agreement or any part of the record of agreement does not affect the validity of the agreement.