(1) The person appointed as a mediator shall, prior to the
conduct of mediation, disclose in writing to the parties regarding any circumstance or potential
circumstance, personal, professional, financial, or otherwise, that may constitute any conflict of
interest or that is likely to give rise to justifiable doubts as to his independence or impartiality as a
mediator.
(2) During the mediation, the mediator shall, without delay, disclose to the parties in writing any
conflict of interest, referred to in sub-section (1), that has newly arisen or has come to his knowledge.
(3) Upon disclosure under sub-section (1) or sub-section (2), the parties shall have the option to
waive any objection if all of them express in writing, which shall be construed as the consent of
parties.
(4) Upon disclosure under sub-section (1) or sub-section (2), if either party desires to replace the
mediator, then, in case of—
(i) institutional mediation, such party shall apply to the mediation service provider for
termination of the mandate of mediator;
(ii) mediation other than institutional mediation, such party shall terminate the mandate of
mediator.