Electricity Regulation Act, 2006 (Act No. 4 of 2006)

Rules

Rules for Conducting Tribunal Proceedings

15. Settlement
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1. At any time before a Tribunal makes an order, of its own accord or at the request of the Parties or either Party, the Tribunal may order an adjournment of the proceedings to allow a period of seven (7) calendar days for Parties to attempt to reach a settlement on any outstanding issue.

 

2. A settlement that the Parties have reached must be brought before a Tribunal and, if no objection is made by any party, the Tribunal shall note that the matter has been settled on the terms set out in the settlement agreement or statement.

 

3. On noting of the settlement by a Tribunal, the matter would have been concluded.

 

4.Should a Tribunal decide that a settlement be amended, Parties must effect the amendment and return the settlement to the Tribunal for confirmation.