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CIVIL PROCEDURE ACT 2005 - SECT 173 Approval of Court required for settlement and discontinuance

CIVIL PROCEDURE ACT 2005 - SECT 173

Approval of Court required for settlement and discontinuance

173 Approval of Court required for settlement and discontinuance

(cf s33V FCA)

(1) Representative proceedings may not be settled or discontinued without the approval of the Court.
(2) If the Court gives such approval, it may make such orders as are just with respect to the distribution of any money, including interest, paid under a settlement or paid into the Court.