(1) Where disputing parties reach an agreement through mediation, the Council shall prepare a mediation report to which the mediators and the disputing parties affix their names and seals or their signatures.
(2) Where disputing parties have reached an agreement through mediation on their own initiative before the commencement of the mediation process and request for preparation of a mediation report, the Council shall prepare such report.
(3) Disputing parties shall submit the outcomes of the implementation of an agreement reached through mediation to the Fair Trade Commission.
(4) Where an agreement is reached pursuant to paragraph (1) with respect to a dispute to be mediated for which a disposition for corrective measure, etc. has not been rendered before the commencement of the mediation process, and the agreement is implemented; the Fair Trade Commission shall neither take any corrective measure under Article 49(1) nor give any recommendation for correction under Article 88(1).
(5) A mediation report prepared pursuant to paragraph (1) or (2) shall have the same effect as a court settlement.