66. Where efficient marketing of a marketed product so requires, the Board may permit a producers’ board to negotiate with another producers’ board agreements on matters within the competence of either such board.
Every agreement entered into between such producers’ boards must, to be valid, be homologated by the Board. A homologated agreement binds the bodies party to it and all the producers contemplated by the joint plans which such bodies are entrusted to implement.
Compulsory arbitration contemplated by sections 62 to 65 does not apply to negotiations provided for in this section, except at the express request of all the producers’ boards concerned.