Section 17
SEC. 17. Section twenty-nine of Act Numbered Three thousand four hundred and twenty-eight as amended by section nine of Act Numbered Three thousand eight hundred and twelve is hereby further amended to read as follows: "SEC. 29. Agreement on compensation.—In case the employer and the injured laborer or the dependents entitled to compensation arrive at an agreement concerning the compensation provided for by this Act, such agreement in order to be valid, shall provide, at least, the same amount of compensation as that prescribed by this Act and must be approved by the Workmen's Compensation Commissioner, or any of his authorized representatives: Provided, however, That the employer shall be exempt from all liability under this Act as soon as the compensation has been paid in accordance with this section, saving- the provisions of section six of this Act."