Section 82 Arbitration and Mediation Act 2023

Section 82 Arbitration and Mediation Act 2023 is about Binding and enforceable nature of settlement agreements. It is under Part II (Mediation) of the Act.

(1) Where parties conclude an agreement settling a dispute, the mediator shall participate in the preparation and drafting of the settlement agreement, where the parties agree.

(2) Subject to section 87 of this Act, the settlement agreement resulting from the mediation is binding on the parties and enforceable in Court as a contract, consent judgment or consent award.