289Settlement agreements

289 Settlement agreements

289 Settlement agreements

(1) If the parties to a complaint involving a consumer matter reach agreement under this Part or otherwise with respect to the consumer matter—

(a) the designated local regulatory authority may prepare a written record of the agreement; and

(b) the record must be signed by or on behalf of each party and certified by the designated local regulatory authority; and

(c) the designated local regulatory authority must give each party a copy of the signed and certified record.

(2) Any party, after giving written notice to the other party, may enforce the agreement by filing a copy of the certified record in a court.

(3) On filing, the record is taken to be an order of the court in accordance with its terms, and may be enforced accordingly.

(4) A record may be filed only once under subsection (2).