s 27 Power to compromise and adjust actions, etc.
27.—(1) If in any case it appears to the Board that any claim or demand or cause of action against any person in relation to any endowment to which this Act applies, or against such an endowment or against the trustees or administrators thereof, may with advantage to the endowment, or should, under the special circumstances of the case, be compromised or adjusted without continuing any legal proceedings, the Board may make such order for and in relation to an agreement for such a compromise and adjustment as it thinks fit. (2) Upon due performance of the terms and conditions of the compromise or adjustment, such an agreement shall be a final bar to all proceedings in respect of the cause of action that was compromised or adjusted.