s.194 — Mediation or other dispute resolution process

194 (1) The Board may attempt to settle through mediation or another dispute resolution process any matter that is the subject of an application or agreed upon by the parties. (2) Despite subsection 3 (1) and subject to subsection (3), a settlement agreed to under this section may contain provisions that contravene any provision under this Act.  ; (3) The largest rent increase that can be agreed to under this section for a rental unit that is not a mobile home or a land lease home or a site for either is equal to the sum of the guideline and 3 per cent of the previous year’s lawful rent.  ; (4) If some or all of the issues with respect to an application are settled under this section, the Board shall dispose of the application in accordance with the Rules. (5) If there is no settlement, the Board shall hold a hearing.  ;