(1) The purpose of a dispute resolution conference is to enable parties to an application for arbitration, with the assistance of a conciliator, to—
(a) settle any issue in dispute; and
(b) settle the amount of compensation payable or the basis upon which compensation is payable; and
(c) if settlement of the claim is not reached—narrow the issues in dispute and, as far as practicable, agree on the future progress of the application.
(2) Parties attending a dispute resolution conference must, during the conference, make a genuine effort to settle the claim.