(1) The mediation panel referred to in Article 40 (6) of the Act (hereinafter referred to as “mediation panel”) shall be comprised of up to five members appointed by the chairperson of the Dispute Mediation Committee, and one of whom shall be a commissioner with an attorney-in-law license.

(2) The chairperson of the Dispute Mediation Committee shall convene the meetings of the mediation panel.

(3) The chairperson of the Dispute Mediation Committee shall notify each member of the mediation panel of the date, time, venue, and agenda no later than seven days prior to the meeting: Provided, That this shall not apply in case of emergency.

(4) The presider of the mediation panel shall be elected by and from among its members.

(5) Except as provided in paragraphs (1) through (4), matters necessary for the composition and operation of the mediation panel, and other necessary matters, shall be determined by the chairperson of the Dispute Mediation Committee subject to the resolution of the Dispute Mediation Committee.