CS Executive · Jurisprudence, Interpretation and General Laws · Law relating to Arbitration, Mediation and Conciliation
In a conciliation under Part III of the 1996 Act, the parties sign a settlement agreement. One party later wishes to publicise its terms to rivals. Which statement is correct?
Confidentiality continues after settlement. The conciliator and parties must keep proceedings confidential, and this extends to the settlement agreement, except where disclosure is necessary to implement or enforce it. Publicising terms to rivals falls outside that exception.
- AConfidentiality ends once the settlement agreement is signed
- BConfidentiality covers the settlement agreement, except where disclosure is necessary for implementation and enforcementCorrect
- COnly the conciliator is bound to confidentiality, not the parties
- DConfidentiality applies only to oral statements made at meetings
Explanation
Section 75 binds both the conciliator and the parties to keep all matters relating to the proceedings confidential, and extends this to the settlement agreement, except where disclosure is needed for implementation and enforcement. Publicising it to rivals is not such a purpose, so it is barred.
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