§ 5 — Grant of permission to record international settlement agreement as order of High Court

5.—(1) The High Court may, following an application under section 4(1)(a), grant permission to record an international settlement agreement as an order of court if the requirements of this Act are complied with.[Act 25 of 2021 wef 01/04/2022]

(2) Subject to this Act, an international settlement agreement that is recorded by the High Court as an order of court —(a)

may be enforced in the same manner as a judgment given, or an order made, by the High Court; and

(b)

may be relied on by the party who made the application under section 4(1)(a) by way of defence, set‑off or otherwise in any court proceedings.[Act 25 of 2021 wef 01/04/2022]

—(1) The High Court may, following an application under section 4(1)(a), grant permission to record an international settlement agreement as an order of court if the requirements of this Act are complied with.[Act 25 of 2021 wef 01/04/2022]

(2) Subject to this Act, an international settlement agreement that is recorded by the High Court as an order of court —(a)

may be enforced in the same manner as a judgment given, or an order made, by the High Court; and

(b)

may be relied on by the party who made the application under section 4(1)(a) by way of defence, set‑off or otherwise in any court proceedings.[Act 25 of 2021 wef 01/04/2022]