Procedure for settlement applications: timelines, reporting and terms govern processing, investigation, and voidance for misrepresentation. The procedure mandates that the Settlement Commission invite the applicant's written explanation and, within prescribed periods, either allow the application to proceed or reject it; where allowed, the Commission must call for reports and records from the jurisdictional Commissioner, may direct a further investigation when necessary, and, after hearing the parties and examining evidence, pass an order specifying the terms of settlement, payment mechanisms and conditions rendering the settlement void for fraud or misrepresentation.