(1) The Board may accept a voluntary undertaking in respect of any matter related to compliance with provisions of this Act from any person at any stage.
(2) Such voluntary undertaking may include an undertaking to take specified action within a specified time, an undertaking to refrain from taking specified action, and an undertaking to publicize the voluntary undertaking.
(3) The Board may, after accepting the voluntary undertaking and with the agreement of the person who gave the voluntary undertaking vary the terms included in the voluntary undertaking. Acceptance of the voluntary undertaking by the Board shall constitute a bar on proceedings under the provisions of this Act as regards the contents of the voluntary undertaking, except in cases covered by sub-section (4).
(4) Where a person fails to comply with any term of the voluntary undertaking accepted by the Board, the Board may, after giving such person, a reasonable opportunity of being heard, proceed in accordance with section 25 of this Act.
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