Section 42: Terms of settlement

(1) After the conciliation body has examined the case and heard the parties, if necessary, it shall submit its terms of settlement to the parties.
(2) If the parties agree to the terms of settlement submitted under subsection (1) of this section, the conciliation body shall draw up and sign a record of settlement.
(3) If the parties do not agree to the terms of settlement under subsection (1) of this section, they may-
(a) submit the dispute to arbitration in accordance with any agreement between them; or
(b) take any action in court as they may deem fit.
(4) Nothing done in connection with the conciliation proceedings shall, affect the legal rights of the parties in any submission to arbitration or any action taken under subsection (3) of this section.