§ 1.1525   Settlement.

   The applicant and Bureau counsel may agree on a proposed settlement of
   the award before final action on the application, either in connection
   with a settlement of the underlying proceeding, or after the underlying
   proceeding has been concluded. If a prevailing party and Bureau counsel
   agree on a proposed settlement of an award before an application has
   been filed, the application shall be filed with the proposed
   settlement. If the Administrative Law Judge approves the proposed
   settlement, it shall be forwarded to the Commission for final approval.

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