(1) If the defendant pays the claimant the sum claimed, together with interest at the specified rate (if claimed) and the fixed costs as set out on the claim form, within the period for filing an acknowledgment of service under rule 9.3 the —
(a) claim is stayed; and
(b) claimant must forthwith file and serve a notice of discontinuance.
(2) Rule 37.6 (liability for costs) does not apply to a notice of discontinuance served under this rule.
(3) If the claimant does not file and serve a notice of discontinuance in accordance with paragraph (1) within 7 days of payment, the defendant may file and serve a notice in the form specified in Form 28 to request that the claim be recorded as satisfied.
(4) The claimant may by application dispute satisfaction within 14 days of service of the statement of satisfaction and the court office must fix a hearing to consider the application and give not less than 7 days' notice of the hearing to the claimant and defendant.
(5) If there is no dispute the court office must record that the claim has been satisfied.