Section 30
Section 30
(1)
Where the amount of the compensation whether by way of lump sum compensation or by way of periodical payments has been ascertained by agreement between the workman and his employer a memorandum shall within 14
days be sent by the employer (and may be sent by the work-man or any dependant) to the Commissioner, who, on being satisfied as to its genuineness and that the amount of com-pensation agreed upon is adequate shall, except as hereinaf-ter provided in this section, record the memorandum in a register in the prescribed manner.
(2)
No such memorandum shall be recorded until 7
days have expired after communication by the Commission-er of notice to the parties concerned that he intends to record the same.
(3)
Where it appears to the Commissioner that an agreement for the payment of a sum, whether by way of commutation of a periodical payment or otherwise, or an
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Workmen's Compensation agreement for the amount of compensation ought not to be recorded by reason of the inadequacy of the sum or amount or by reason of the agreement having been obtained by fraud or undue influence or other improper means he may refuse to record the memorandum of the agreement and if he and the employer and the workman are unable to settle the question by agreement, the Commissioner shall refer the matter to an arbitrator.
(4)
An agreement for the payment of compensation which has been recorded under this section shall be enforce-able under this Act notwithstanding anything contained in any other written law for the time being in force.