Section 60 — Commencement and conclusion of proceedings.
60(2)
A conciliation proceeding shall be deemed to have concluded—
60(2)(a) where a settlement is arrived at, when a memorandum of the settlement is signed by the parties to the dispute;
60(2)(b) where no settlement is arrived at, and failure of conciliation is recorded by the conciliation officer; or
60(2)(c) when a reference is made to a National Industrial Tribunal, under this Code, during the pendency of conciliation proceedings.