119. Where efficient marketing of a product marketed under a plan so requires, the Régie may authorize a marketing board to negotiate with another board agreements on matters within the competence of either board.
Every agreement entered into between such boards must, to be have effect, be homologated by the Régie. A homologated agreement is binding upon the bodies party to it and upon all the producers subject to the plans administered by them.
The arbitration procedure set out in sections 115 to 117 applies to negotiations under this section.