(1) Upon termination of the conciliation proceedings the Board shall fix the costs of the conciliation and give written notice thereof to the parties.
(2) For the purpose of sub-section (1) “costs” means reasonable costs relating to,-
(a) the fees of the Board as may be prescribed and expenses of the Board and witnesses requested by the Board with the consent of the parties;
(b) any expert advice requested by the Board with the consent of the parties;
(c) any assistance provided by the Conciliation Board;
(d) any other expenses incurred in connection with the conciliation proceedings and the settlement agreement.
(3) The costs shall be borne equally by the parties unless the Settlement Agreement provides for a different apportionment. All other expenses incurred by a party shall be borne by that party.