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What legal effect does an arbitration have?

According to Article 37 of the Act for Settlement of Labor-Management Disputes, the arbitration award rendered by the arbitration committee for rights dispute has the same effect as THE FINAL RULING OF THE COURT on the parties to the labor-management dispute. The arbitration award rendered by the arbitration committee for interests dispute is DEEMED AS A CONTRACT between the parties to the dispute. If one of the parties is a labor union, the arbitration award is deemed as a COLLECTIVE AGREEMENT between the parties.
Contact division/office:Labor Standards Division Case Officer
Phone: 1999 extensions 7015-7019