# Merchant Shipping(Liner Conferences) Act 1982, Paragraph 4


When the recommendation has been accepted by the parties, the conciliators shall immediately draw up and sign a record of settlement, at which time the recommendation shall become binding upon those parties. If the recommendation has not been accepted by all parties, the conciliators shall draw up a report with respect to those parties rejecting the recommendation, noting the dispute and the failure of those parties to settle the dispute.

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Source: https://www.legislation.gov.uk/ukpga/1982/37/schedule/part/TWO/chapter/VI/crossheading/article-37/paragraph/4 (the official version)
Page: https://openlegislation.uk/merchant-shippingliner-conferences-act-1982/schedule/part-TWO/chapter-VI/crossheading-article-37/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.