Settlement proceedings now require disposal by appropriate order based on approved settlement terms, clarifying officer responsibilities. Regulation 23(1) is replaced to require that the Whole Time Member, Adjudicating Officer or the competent officer before whom proceedings are pending shall dispose of the proceedings by an appropriate order on the basis of the approved settlement terms. The amendment omits the Explanation to sub regulation (1) and omits sub regulation (2), thereby streamlining the disposal requirement to reflect the binding effect of approved settlement terms.