Singapore legislation
Regulation 10
of Building Maintenance and Strata Management (Strata Titles Boards) Regulations 2005
Regulation 10
Settlement after successful mediation
Subregulation 1
When a dispute or matter is resolved by a Board through mediation, the parties to the dispute or matter shall sign the terms of the settlement agreement.
Subregulation 2
Before the parties sign any terms of a settlement agreement, the Board must explain to the parties that those terms shall be final and binding and enforceable by the parties.