A form used to record the terms of settlement of an employment tribunal claim (or potential claim) negotiated with the assistance of an ACAS conciliation officer. The COT3 is not a legal requirement since an agreement reached following ACAS conciliation is binding provided it satisfies the legal formalities of a contract. Where ACAS has not conciliated, any settlement must adhere to the formalities of a compromise agreement.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • British labour law — is that body of law which regulates the rights, restrictions obligations of trade unions, workers and employers in Great Britain. During much of the nineteenth century the employment contract was based on the Master and Servant Act of 1823,… …   Wikipedia

  • Compromise agreement — In the United Kingdom, a compromise agreement is a specific type of contract, regulated by statute, between an employer and its employee (or ex employee) under which the employee receives a negotiated financial sum in exchange for agreeing that… …   Wikipedia

  • Advisory, Conciliation and Arbitration Service — (Acas, ACAS) The UK government funded independent body offering conciliation services to parties involved in employment tribunal claims. Acas also provides advice and guidance on workplace issues to individuals and employers. Related links …   Law dictionary

  • Acas — See Advisory Conciliation and Arbitration Service. Collins dictionary of law. W. J. Stewart. 2001. Acas …   Law dictionary

  • ACAS — See Advisory Conciliation and Arbitration Service. Collins dictionary of law. W. J. Stewart. 2001. ACAS …   Law dictionary

  • compromise agreement — index composition (agreement in bankruptcy) Burton s Legal Thesaurus. William C. Burton. 2006 compromise agreement …   Law dictionary

  • conciliation officer — In the context of employment law, an employee of the Advisory, Conciliation and Arbitration Service who has a statutory duty to help both parties to an employment tribunal claim understand the way tribunals work and try to reach a voluntary… …   Law dictionary

  • employment tribunal — A tribunal established by statute to hear and rule on certain disputes, including those arising out of employment. They generally consist of a legally qualified chairperson and two lay members with appropriate experience. They were formerly known …   Law dictionary

  • cot — CÓT, (I 1) coate şi (I 2, 3, 4) coturi, s.n., (II) coţi, s.m. I. s.n. 1. (anat.; la om) Partea exterioară a articulaţiei dintre humerus şi cubitus, care uneşte braţul cu antebraţul. ♢ loc. adv. Cot la cot = alături; împreună. ♢ expr. A da din… …   Dicționar Român

  • cot — cot1 noun Brit. a small bed with high barred sides for a baby or very young child. ↘a plain narrow bed. ↘N. Amer. a camp bed. ↘Nautical a bed resembling a hammock hung from deck beams, formerly used by officers. Origin C17: from Hindi khāṭ… …   English new terms dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”