103Settling of proceedings

103 Settling of proceedings

[Section 103 Inserted by No. 17 of 2021, s. 18, Applied:05 Nov 2021]

(1)  If the parties to proceedings agree in writing to settle a matter before the Tribunal, the Tribunal may make any determination or order, including an order under, or for the purposes of, a relevant Act, necessary to give effect to the settlement.

(2)  A settlement given effect under this section must not be inconsistent with this Act or a relevant Act.

(3)  The Tribunal may reject a settlement on the basis that –

(a) the settlement is inconsistent with this Act or a relevant Act; or

(b) the settlement may materially prejudice any person who is not a party to the settlement but who has a direct or material interest in the matter; or

(c) the terms of the settlement are inappropriate.